Free Trial

Alphamin Resources (CVE:AFM) Shares Down 18.4% - Time to Sell?

Alphamin Resources logo with Basic Materials background
Remove Ads

Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) fell 18.4% during mid-day trading on Tuesday . The company traded as low as C$0.45 and last traded at C$0.47. 3,372,228 shares were traded during mid-day trading, an increase of 188% from the average session volume of 1,171,460 shares. The stock had previously closed at C$0.57.

Alphamin Resources Stock Performance

The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69. The company's 50-day moving average is C$0.85 and its two-hundred day moving average is C$1.04. The stock has a market capitalization of C$403.89 million, a P/E ratio of 5.52 and a beta of 1.21.

Alphamin Resources Company Profile

(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

Should You Invest $1,000 in Alphamin Resources Right Now?

Before you consider Alphamin Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alphamin Resources wasn't on the list.

While Alphamin Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

 5 Stocks to BUY NOW in April 2025
3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!
Time to Buy SoFi? Fintech’s Next Big Move

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads