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Alphamin Resources (CVE:AFM) Stock Price Up 9.1% - Should You Buy?

Alphamin Resources logo with Basic Materials background

Alphamin Resources Corp. (CVE:AFM - Get Free Report) was up 9.1% during trading on Friday . The company traded as high as C$0.86 and last traded at C$0.84. Approximately 1,717,329 shares were traded during trading, an increase of 27% from the average daily volume of 1,351,867 shares. The stock had previously closed at C$0.77.

Alphamin Resources Price Performance

The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69. The company's 50 day moving average is C$0.68 and its 200-day moving average is C$0.98. The firm has a market capitalization of C$735.98 million, a price-to-earnings ratio of 10.06 and a beta of 1.21.

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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