Alphamin Resources (CVE:AFM) Stock Price Down 2.1% - Here's What Happened

Alphamin Resources Corp. (CVE:AFM - Get Free Report)'s stock price traded down 2.1% on Thursday . The company traded as low as C$0.92 and last traded at C$0.92. 116,683 shares were traded during trading, a decline of 77% from the average session volume of 504,189 shares. The stock had previously closed at C$0.94.

Alphamin Resources Price Performance

The company has a current ratio of 1.06, a quick ratio of 2.03 and a debt-to-equity ratio of 21.27. The stock has a market cap of C$1.18 billion, a price-to-earnings ratio of 15.33 and a beta of 1.21. The company's fifty day moving average is C$1.09 and its two-hundred day moving average is 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 earnings per share for the quarter. Alphamin Resources had a net margin of 16.02% and a return on equity of 17.87%. As a group, research analysts predict that Alphamin Resources Corp. will post 0.1272534 earnings per share for the current year.

Alphamin Resources Company Profile

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.