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Alphamin Resources (CVE:AFM) Share Price Passes Below Two Hundred Day Moving Average - What's Next?

Alphamin Resources logo with Basic Materials background

Alphamin Resources Corp. (CVE:AFM - Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$1.09 and traded as low as C$0.83. Alphamin Resources shares last traded at C$0.86, with a volume of 1,113,156 shares traded.

Alphamin Resources Price 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 firm has a market cap of C$709.05 million, a price-to-earnings ratio of 9.69 and a beta of 1.21. The company's 50-day moving average is C$1.03 and its 200-day moving average is C$1.09.

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.

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