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Alphamin Resources (CVE:AFM) Sets New 12-Month Low - Should You Sell?

Alphamin Resources logo with Basic Materials background

Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.70 and last traded at C$0.72, with a volume of 2712076 shares traded. The stock had previously closed at C$0.86.

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 firm's 50-day moving average is C$1.01 and its 200 day moving average is C$1.09. The stock has a market cap of C$700.08 million, a price-to-earnings ratio of 9.57 and a beta of 1.21.

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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