Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price 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 changing hands.
Alphamin Resources Stock 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 firm has a market cap of C$1.43 billion, a price-to-earnings ratio of 18.67 and a beta of 1.21. The firm’s 50 day moving average is C$1.12 and its 200-day moving average is C$1.11.
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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