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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

Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.12 and traded as high as C$1.12. Alphamin Resources shares last traded at C$1.12, with a volume of 392,529 shares traded.

Alphamin Resources Trading Up 5.2 %

The business has a fifty day moving average price of C$1.12 and a 200-day moving average price of C$1.11. 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 cap of C$1.43 billion, a P/E ratio of 18.67 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.

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