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

Alphamin Resources logo with Basic Materials background

Alphamin Resources Corp. (CVE:AFM - Get Free Report)'s stock price was up 9.1% on Tuesday . The company traded as high as C$0.61 and last traded at C$0.60. Approximately 1,233,465 shares were traded during trading, a decline of 6% from the average daily volume of 1,311,105 shares. The stock had previously closed at C$0.55.

Alphamin Resources Stock Down 2.4 %

The stock has a fifty day moving average of C$0.69 and a 200-day moving average of C$0.98. The firm has a market capitalization of C$735.98 million, a price-to-earnings ratio of 10.06 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.

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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