Alphamin Resources (CVE:AFM) Stock Price Passes Above 50 Day Moving Average of $0.97

Alphamin Resources Corp. (CVE:AFMGet Free Report)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.97 and traded as high as C$1.12. Alphamin Resources shares last traded at C$1.12, with a volume of 660,176 shares.

Alphamin Resources Stock Performance

The stock has a market capitalization of C$1.43 billion, a price-to-earnings ratio of 22.40 and a beta of 1.35. The firm has a fifty day moving average of C$0.97 and a 200 day moving average of C$0.90. The company has a debt-to-equity ratio of 22.07, a current ratio of 1.18 and a quick ratio of 2.03.

About Alphamin Resources

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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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