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

Alphamin Resources logo with Basic Materials background

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

Alphamin Resources Price Performance

The business has a fifty day moving average of C$0.68 and a 200 day moving average of C$0.98. 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 stock has a market cap of C$744.95 million, a PE ratio of 10.18 and a beta of 1.21.

Alphamin Resources Company Profile

(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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