Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$1.15 and traded as low as C$1.04. Alphamin Resources shares last traded at C$1.07, with a volume of 321,861 shares changing hands.
Alphamin Resources Stock Performance
The company has a 50-day moving average of C$1.15 and a 200-day moving average of C$1.11. The company has a market cap of C$1.47 billion, a PE ratio of 19.17 and a beta of 1.21. The company has a quick ratio of 2.03, a current ratio of 1.06 and a debt-to-equity ratio of 21.27.
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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