Alphamin Resources (CVE:AFM) Sets New 12-Month High – Here’s What Happened

Shares of Alphamin Resources Corp. (CVE:AFMGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as C$1.23 and last traded at C$1.22, with a volume of 652993 shares. The stock had previously closed at C$1.15.

Alphamin Resources Stock Down 0.8%

The firm has a 50 day moving average of C$1.11 and a 200-day moving average of C$1.04. The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03. The stock has a market capitalization of C$1.52 billion, a P/E ratio of 12.84 and a beta of 0.42.

About Alphamin Resources

(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. in October 2008. Alphamin Resources Corp. was incorporated in 1981 and is headquartered in Grand Baie, Mauritius.

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