Alphamin Resources (CVE:AFM) Hits New 12-Month Low – Here’s Why

Alphamin Resources Corp. (CVE:AFMGet Free Report) shares reached a new 52-week low on Monday . The company traded as low as C$0.72 and last traded at C$0.95, with a volume of 900172 shares. The stock had previously closed at C$1.07.

Alphamin Resources Trading Down 7.5 %

The firm has a market capitalization of C$1.27 billion, a price-to-earnings ratio of 16.50 and a beta of 1.21. The company has a fifty day moving average price of C$1.11 and a 200-day moving average price of C$1.11. The company has a current ratio of 1.06, a quick ratio of 2.03 and a debt-to-equity ratio of 21.27.

Alphamin Resources (CVE:AFMGet Free Report) last posted its earnings results on Wednesday, November 6th. The company reported C$0.03 earnings per share (EPS) for the quarter. Alphamin Resources had a net margin of 16.02% and a return on equity of 17.87%. On average, equities research analysts predict that Alphamin Resources Corp. will post 0.1272534 EPS for the current year.

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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