Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$1.06 and traded as low as C$0.96. Alphamin Resources shares last traded at C$0.97, with a volume of 139,833 shares changing hands.
Alphamin Resources Price Performance
The stock’s 50-day moving average price is C$1.05 and its 200 day moving average price is C$1.06. The company has a quick ratio of 2.03, a current ratio of 1.06 and a debt-to-equity ratio of 21.27. The firm has a market cap of C$1.22 billion, a price-to-earnings ratio of 15.83 and a beta of 1.20.
About Alphamin Resources
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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