Alphamin Resources (CVE:AFM) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Alphamin Resources Corp. (CVE:AFMGet Free Report)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$1.15 and traded as low as C$1.04. Alphamin Resources shares last traded at C$1.07, with a volume of 321,861 shares.

Alphamin Resources Price Performance

The stock has a market cap of C$1.47 billion, a price-to-earnings ratio of 19.17 and a beta of 1.21. The stock has a 50 day simple moving average of C$1.15 and a 200 day simple moving average of C$1.11. The company has a quick ratio of 2.03, a current ratio of 1.06 and a debt-to-equity ratio of 21.27.

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.

Further Reading

Receive News & Ratings for Alphamin Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphamin Resources and related companies with MarketBeat.com's FREE daily email newsletter.