Alphamin Resources (CVE:AFM) Shares Up 23.9% – Still a Buy?

Alphamin Resources Corp. (CVE:AFMGet Free Report)’s stock price was up 23.9% on Saturday . The stock traded as high as C$0.59 and last traded at C$0.57. Approximately 5,307,589 shares were traded during trading, an increase of 370% from the average daily volume of 1,128,308 shares. The stock had previously closed at C$0.46.

Alphamin Resources Stock Up 23.9 %

The firm has a market cap of C$511.59 million, a PE ratio of 6.99 and a beta of 1.21. 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 firm’s 50-day moving average price is C$0.90 and its two-hundred day moving average price is C$1.05.

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.

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