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Alphamin Resources (CVE:AFM) Share Price Crosses Above Fifty Day Moving Average of $1.09

Alphamin Resources Corp. (CVE:AFM - Get Free Report)'s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.09 and traded as high as C$1.17. Alphamin Resources shares last traded at C$1.15, with a volume of 622,649 shares traded.

Alphamin Resources Stock Down 1.7 %

The firm has a market capitalization of C$1.47 billion, a P/E ratio of 19.17 and a beta of 1.28. The firm's fifty day moving average price is C$1.09 and its 200-day moving average price is C$0.94. The company has a debt-to-equity ratio of 20.84, a current ratio of 1.29 and a quick ratio of 2.03.

Alphamin Resources (CVE:AFM - Get Free Report) last issued its quarterly earnings results on Monday, April 29th. The company reported C$0.02 earnings per share (EPS) for the quarter. The company had revenue of C$147.37 million for the quarter. Alphamin Resources had a return on equity of 16.79% and a net margin of 16.36%. As a group, equities research analysts forecast that Alphamin Resources Corp. will post 0.1253886 earnings per share for the current year.

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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