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Alphamin Resources (CVE:AFM) Trading 9.1% Higher - Time to Buy?

Alphamin Resources logo with Basic Materials background

Alphamin Resources Corp. (CVE:AFM - Get Free Report)'s stock price was up 9.1% during trading on Wednesday . The company traded as high as C$0.61 and last traded at C$0.60. 1,233,465 shares were traded during trading, a decline of 6% from the average daily volume of 1,311,105 shares. The stock had previously closed at C$0.55.

Alphamin Resources Stock Performance

The firm has a market capitalization of C$762.90 million, a price-to-earnings ratio of 10.43 and a beta of 1.21. The firm's 50-day moving average price is C$0.69 and its two-hundred day moving average price is C$0.98. The company has a debt-to-equity ratio of 21.69, a quick ratio of 2.03 and a current ratio of 1.28.

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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