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Alphamin Resources (CVE:AFM) Stock Price Down 1.2% - Should You Sell?

Alphamin Resources logo with Basic Materials background

Alphamin Resources Corp. (CVE:AFM - Get Free Report) shares dropped 1.2% during trading on Thursday . The stock traded as low as C$0.77 and last traded at C$0.83. Approximately 3,390,790 shares were traded during mid-day trading, an increase of 146% from the average daily volume of 1,380,215 shares. The stock had previously closed at C$0.84.

Alphamin Resources Trading Down 3.1 %

The firm's 50 day moving average is C$0.68 and its 200 day moving average is C$0.96. The company has a market capitalization of C$852.66 million, a PE ratio of 11.66 and a beta of 1.21. The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03.

About Alphamin Resources

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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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