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Alphamin Resources (CVE:AFM) Trading Up 9.1% - Still a Buy?

Alphamin Resources logo with Basic Materials background

Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) traded up 9.1% on Friday . The stock traded as high as C$0.86 and last traded at C$0.84. 1,717,329 shares traded hands during 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 Trading Down 4.7 %

The company has a market cap of C$727.00 million, a PE ratio of 9.94 and a beta of 1.21. 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 firm has a fifty day moving average of C$0.68 and a two-hundred day moving average of C$0.98.

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.

Further Reading

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