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Alphamin Resources (CVE:AFM) Stock Price Down 17.5% - Time to Sell?

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Alphamin Resources Corp. (CVE:AFM - Get Free Report)'s stock price was down 17.5% on Monday . The company traded as low as C$0.45 and last traded at C$0.47. Approximately 3,340,728 shares were traded during mid-day trading, an increase of 187% from the average daily volume of 1,162,866 shares. The stock had previously closed at C$0.57.

Alphamin Resources Stock Down 9.3 %

The stock has a 50-day moving average of C$0.85 and a two-hundred day moving average of C$1.04. The company has a market cap of C$394.91 million, a P/E ratio of 5.40 and a beta of 1.21. The company has a debt-to-equity ratio of 21.69, a quick ratio of 2.03 and a current ratio of 1.28.

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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