Alphamin Resources (CVE:AFM) Sets New 52-Week Low – Should You Sell?

Alphamin Resources Corp. (CVE:AFMGet Free Report) shares reached a new 52-week low during trading on Monday . The stock traded as low as C$0.41 and last traded at C$0.47, with a volume of 3193741 shares changing hands. The stock had previously closed at C$0.45.

Alphamin Resources Trading Down 1.1 %

The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69. The business’s fifty day moving average is C$0.82 and its two-hundred day moving average is C$1.03. The firm has a market cap of C$417.35 million, a price-to-earnings ratio of 5.71 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.

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