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Alphamin Resources (CVE:AFM) Trading 7.3% Higher - Still a Buy?

Alphamin Resources logo with Basic Materials background

Alphamin Resources Corp. (CVE:AFM - Get Free Report)'s stock price was up 7.3% during mid-day trading on Tuesday . The stock traded as high as C$0.61 and last traded at C$0.59. Approximately 1,156,898 shares were traded during mid-day trading, a decline of 12% from the average daily volume of 1,308,339 shares. The stock had previously closed at C$0.55.

Alphamin Resources Trading Down 2.4 %

The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03. The business's 50 day simple moving average is C$0.69 and its 200 day simple moving average is C$0.98. The stock has a market cap of C$735.98 million, a P/E 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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