Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.99 and traded as low as C$0.71. Alphamin Resources shares last traded at C$0.72, with a volume of 992,379 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 firm has a market capitalization of C$646.22 million, a P/E ratio of 8.83 and a beta of 1.21. The company has a 50-day moving average price of C$0.99 and a 200-day moving average price of C$1.08.
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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