Alphamin Resources (CVE:AFM) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Shares of Alphamin Resources Corp. (CVE:AFMGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.68 and traded as high as C$0.88. Alphamin Resources shares last traded at C$0.84, with a volume of 577,456 shares changing hands.

Alphamin Resources Stock Up 1.2 %

The company has a debt-to-equity ratio of 21.69, a quick ratio of 2.03 and a current ratio of 1.28. The company has a market cap of C$753.93 million, a P/E ratio of 10.31 and a beta of 1.21. The stock has a 50 day moving average price of C$0.68 and a 200 day moving average price of C$0.98.

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

Receive News & Ratings for Alphamin Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphamin Resources and related companies with MarketBeat.com's FREE daily email newsletter.