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Alphamin Resources (CVE:AFM) Shares Down 18.4% - Time to Sell?

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Alphamin Resources Corp. (CVE:AFM - Get Free Report) traded down 18.4% during trading on Tuesday . The company traded as low as C$0.45 and last traded at C$0.47. 3,372,228 shares traded 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 Price Performance

The firm has a fifty day moving average price of C$0.85 and a two-hundred day moving average price of 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 stock has a market capitalization of C$403.89 million, a P/E ratio of 5.52 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.

Further Reading

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