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Alphamin Resources (CVE:AFM) Reaches New 12-Month High - Time to Buy?

Alphamin Resources logo with Basic Materials background

Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) hit a new 52-week high on Monday . The company traded as high as C$1.30 and last traded at C$1.30, with a volume of 583468 shares changing hands. The stock had previously closed at C$1.25.

Alphamin Resources Stock Performance

The company has a current ratio of 1.06, a quick ratio of 2.03 and a debt-to-equity ratio of 21.27. The company has a market cap of C$1.68 billion, a P/E ratio of 21.83 and a beta of 1.21. The company has a 50 day moving average price of C$1.09 and a 200-day moving average price of C$1.10.

Alphamin Resources (CVE:AFM - Get Free Report) last released its earnings results on Friday, August 23rd. The company reported C$0.02 earnings per share (EPS) for the quarter. The firm had revenue of C$142.11 million for the quarter. Alphamin Resources had a return on equity of 17.87% and a net margin of 16.02%. On average, equities analysts expect that Alphamin Resources Corp. will post 0.1272534 earnings per share for the current fiscal year.

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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