Alphamin Resources (CVE:AFM) Shares Pass Above 50 Day Moving Average of $1.03

Alphamin Resources Corp. (CVE:AFM)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.03 and traded as high as C$1.04. Alphamin Resources shares last traded at C$1.04, with a volume of 53,590 shares changing hands.

Alphamin Resources Trading Down 1.0 %

The company has a debt-to-equity ratio of 21.27, a quick ratio of 2.03 and a current ratio of 1.06. The company has a market capitalization of C$1.33 billion, a price-to-earnings ratio of 17.33 and a beta of 1.20. The firm has a fifty day moving average price of C$1.03 and a 200-day moving average price of C$1.06.

Alphamin Resources (CVE:AFM) last announced its quarterly earnings data on Friday, August 23rd. The company reported C$0.02 earnings per share (EPS) for the quarter. The firm had revenue of C$142.11 million for the quarter. Alphamin Resources had a net margin of 16.02% and a return on equity of 17.87%. As a group, equities analysts anticipate that Alphamin Resources Corp. will post 0.1092259 EPS for the current year.

About Alphamin Resources

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.