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Alphamin Resources (CVE:AFM) Stock Price Down 13.2% - What's Next?

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Alphamin Resources Corp. (CVE:AFM - Get Free Report) was down 13.2% during trading on Monday . The stock traded as low as C$0.49 and last traded at C$0.50. Approximately 688,928 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 1,112,610 shares. The stock had previously closed at C$0.57.

Alphamin Resources Stock Down 7.2 %

The stock has a fifty day simple moving average of C$0.85 and a two-hundred day simple moving average of C$1.04. The firm has a market cap of C$403.89 million, a PE ratio of 5.52 and a beta of 1.21. The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69.

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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