Alphamin Resources (CVE:AFM) Stock Passes Above Fifty Day Moving Average – Here’s Why

Alphamin Resources Corp. (CVE:AFMGet Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$1.12 and traded as high as C$1.12. Alphamin Resources shares last traded at C$1.12, with a volume of 392,529 shares traded.

Alphamin Resources Price Performance

The company has a debt-to-equity ratio of 21.27, a quick ratio of 2.03 and a current ratio of 1.06. The company has a 50-day moving average of C$1.12 and a 200-day moving average of C$1.11. The stock has a market capitalization of C$1.43 billion, a price-to-earnings ratio of 18.67 and a beta of 1.21.

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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