Alphamin Resources (CVE:AFM) Stock Price Up 9.1% – Time to Buy?

Shares of Alphamin Resources Corp. (CVE:AFMGet Free Report) traded up 9.1% during trading on Friday . The stock traded as high as C$0.86 and last traded at C$0.84. 1,717,329 shares changed hands during trading, an increase of 27% from the average session volume of 1,351,867 shares. The stock had previously closed at C$0.77.

Alphamin Resources Stock Performance

The business’s 50 day moving average is C$0.69 and its two-hundred day moving average is C$0.98. The company has a market cap of C$735.98 million, a PE ratio of 10.06 and a beta of 1.21. The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69.

About Alphamin Resources

(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.

Further Reading

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