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Alphamin Resources (CVE:AFM) Trading Up 23.9% - Should You Buy?

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Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) traded up 23.9% on Saturday . The company traded as high as C$0.59 and last traded at C$0.57. 5,307,589 shares were traded during trading, an increase of 370% from the average session volume of 1,128,308 shares. The stock had previously closed at C$0.46.

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 firm has a market cap of C$466.72 million, a P/E ratio of 6.38 and a beta of 1.21. The stock's 50-day simple moving average is C$0.86 and its two-hundred day simple moving average is C$1.04.

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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