Alphamin Resources (CVE:AFM) Shares Up 23.9% – Should You Buy?

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

Alphamin Resources Trading Up 23.9 %

The firm has a market cap of C$511.59 million, a P/E 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 stock has a fifty day simple moving average of C$0.90 and a 200 day simple moving average of 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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