Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.24 and traded as high as C$1.33. Alphamin Resources shares last traded at C$1.29, with a volume of 1,109,804 shares trading hands.
Alphamin Resources Stock Up 2.4%
The firm has a market cap of C$1.65 billion, a P/E ratio of 13.92 and a beta of 0.33. The firm’s fifty day moving average is C$1.24 and its 200 day moving average is C$1.10. The company has a debt-to-equity ratio of 21.69, a quick ratio of 2.03 and a current ratio of 1.28.
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. in October 2008. Alphamin Resources Corp. was incorporated in 1981 and is headquartered in Grand Baie, Mauritius.
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