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

Shares of Alphamin Resources Corp. (CVE:AFMGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.70 and last traded at C$0.72, with a volume of 2712076 shares changing hands. The stock had previously closed at C$0.86.

Alphamin Resources Price Performance

The stock has a market cap of C$753.93 million, a price-to-earnings ratio of 10.31 and a beta of 1.21. The company has a 50-day moving average of C$1.03 and a 200-day moving average of C$1.09. The company has a debt-to-equity ratio of 21.69, a quick ratio of 2.03 and a current ratio of 1.28.

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.

Further Reading

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