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Alphamin Resources (CVE:AFM) Shares Down 18.4% - Should You Sell?

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Alphamin Resources Corp. (CVE:AFM - Get Free Report) fell 18.4% during mid-day trading on Monday . The company traded as low as C$0.45 and last traded at C$0.47. 3,372,228 shares changed hands during mid-day trading, an increase of 188% from the average session volume of 1,171,460 shares. The stock had previously closed at C$0.57.

Alphamin Resources Stock Down 9.3 %

The business's 50-day moving average price is C$0.85 and its 200-day moving average price is C$1.04. The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69. The firm has a market capitalization of C$394.91 million, a PE ratio of 5.40 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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