Alphamin Resources (CVE:AFM) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Alphamin Resources Corp. (CVE:AFMGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.09 and traded as low as C$0.83. Alphamin Resources shares last traded at C$0.86, with a volume of 1,113,156 shares changing hands.

Alphamin Resources Price Performance

The company has a debt-to-equity ratio of 21.69, a quick ratio of 2.03 and a current ratio of 1.28. The company’s 50 day moving average price is C$1.04 and its 200 day moving average price is C$1.09. The company has a market cap of C$771.88 million, a price-to-earnings ratio of 10.55 and a beta of 1.21.

Alphamin Resources Company Profile

(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.

See Also

Receive News & Ratings for Alphamin Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphamin Resources and related companies with MarketBeat.com's FREE daily email newsletter.