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

Alphamin Resources logo with Basic Materials background

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

Alphamin Resources Stock Down 4.1 %

The stock has a fifty day moving average of C$0.68 and a two-hundred day moving average of C$0.96. 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 stock has a market cap of C$843.68 million, a price-to-earnings ratio of 11.53 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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