Alphamin Resources (CVE:AFM) Trading Up 28.3% – Time to Buy?

by · The Cerbat Gem

Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares rose 28.3% during mid-day trading on Wednesday . The company traded as high as C$0.83 and last traded at C$0.77. Approximately 3,758,238 shares traded hands during trading, an increase of 179% from the average daily volume of 1,346,571 shares. The stock had previously closed at C$0.60.

Alphamin Resources Stock Down 2.4 %

The firm has a market capitalization of C$735.98 million, a price-to-earnings ratio of 10.06 and a beta of 1.21. The business has a 50 day moving average of C$0.69 and a 200 day moving average of C$0.98. The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03.

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.

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