Research Analysts Issue Forecasts for CVE:AFM Q4 Earnings

Alphamin Resources Corp. (CVE:AFM) – Edison Inv. Res issued their Q4 2024 EPS estimates for Alphamin Resources in a research report issued on Friday, November 15th. Edison Inv. Res analyst L. Ashbourne anticipates that the company will earn $0.04 per share for the quarter. The consensus estimate for Alphamin Resources’ current full-year earnings is $0.13 per share.

Alphamin Resources Stock Performance

CVE AFM opened at C$1.17 on Monday. Alphamin Resources has a fifty-two week low of C$0.77 and a fifty-two week high of C$1.32. 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 firm has a market capitalization of C$1.50 billion, a P/E ratio of 19.50 and a beta of 1.21. The stock has a 50-day simple moving average of C$1.17 and a two-hundred day simple moving average of C$1.11.

Alphamin Resources (CVE:AFM) last released its earnings results on Friday, August 23rd. The company reported C$0.02 EPS for the quarter. Alphamin Resources had a return on equity of 17.87% and a net margin of 16.02%. The firm had revenue of C$142.11 million during the quarter.

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.