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Alphamin Resources (CVE:AFM) Stock Crosses Above Fifty Day Moving Average - What's Next?

Alphamin Resources logo with Basic Materials background

Alphamin Resources Corp. (CVE:AFM - Get Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.68 and traded as high as C$0.88. Alphamin Resources shares last traded at C$0.84, with a volume of 577,456 shares trading hands.

Alphamin Resources Stock Down 4.8 %

The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69. The company has a market capitalization of C$718.03 million, a P/E ratio of 9.82 and a beta of 1.21. The firm has a 50-day moving average price of C$0.68 and a two-hundred day moving average price of C$0.97.

About Alphamin Resources

(Get Free Report)

Alphamin Resources Corp., together with its subsidiaries, engages in the production and sale of tin concentrates. Its principal project is the Bisie tin mine located in the Democratic Republic of Congo. The company was formerly known as La Plata Gold Corporation and changed its name to Alphamin Resources Corp.

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