Alphamin Resources (CVE:AFM) Sets New 1-Year Low - What's Next?

Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.72 and last traded at C$0.95, with a volume of 900172 shares. The stock had previously closed at C$1.07.

Alphamin Resources Trading Down 1.1 %

The company has a quick ratio of 2.03, a current ratio of 1.06 and a debt-to-equity ratio of 21.27. The company has a market capitalization of C$1.16 billion, a P/E ratio of 15.17 and a beta of 1.21. The business has a fifty day moving average price of C$1.09 and a 200 day moving average price of C$1.10.

Alphamin Resources (CVE:AFM - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported C$0.03 EPS for the quarter. Alphamin Resources had a net margin of 16.02% and a return on equity of 17.87%. On average, analysts expect that Alphamin Resources Corp. will post 0.1272534 earnings per share for the current fiscal year.

About Alphamin Resources

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.