Alphamin Resources (CVE:AFM) Shares Down 7.2% – Time to Sell?

Alphamin Resources Corp. (CVE:AFMGet Free Report) shares traded down 7.2% during trading on Friday . The company traded as low as C$0.45 and last traded at C$0.45. 1,237,578 shares were traded during trading, an increase of 3% from the average session volume of 1,207,295 shares. The stock had previously closed at C$0.49.

Alphamin Resources Price Performance

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 company has a market cap of C$408.38 million, a PE ratio of 5.58 and a beta of 1.21. The company has a 50-day moving average price of C$0.85 and a two-hundred day moving average price of C$1.04.

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.

Featured Articles

Receive News & Ratings for Alphamin Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphamin Resources and related companies with MarketBeat.com's FREE daily email newsletter.