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Alphamin Resources (CVE:AFM) Stock Price Passes Above 50-Day Moving Average - Here's What Happened

Alphamin Resources logo with Basic Materials background

Alphamin Resources Corp. (CVE:AFM - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.68 and traded as high as C$0.88. Alphamin Resources shares last traded at C$0.84, with a volume of 577,456 shares.

Alphamin Resources Stock Up 1.2 %

The stock has a market capitalization of C$762.90 million, a PE ratio of 10.43 and a beta of 1.21. 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 business's fifty day moving average price is C$0.68 and its two-hundred day moving average price is C$0.97.

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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