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Alphamin Resources (CVE:AFM) Trading 5.5% Higher - What's Next?

Alphamin Resources logo with Basic Materials background

Alphamin Resources Corp. (CVE:AFM - Get Free Report)'s stock price rose 5.5% during mid-day trading on Monday . The company traded as high as C$0.61 and last traded at C$0.58. Approximately 1,119,240 shares were traded during mid-day trading, a decline of 14% from the average daily volume of 1,295,768 shares. The stock had previously closed at C$0.55.

Alphamin Resources Price Performance

The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03. The company has a 50 day moving average price of C$0.69 and a 200 day moving average price of C$0.98. The firm has a market cap of C$735.98 million, a PE ratio of 10.06 and a beta of 1.21.

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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