Alphamin Resources (CVE:AFM) Share Price Passes Below Fifty Day Moving Average of $0.97

Alphamin Resources Corp. (CVE:AFM)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.97 and traded as low as C$0.97. Alphamin Resources shares last traded at C$0.97, with a volume of 3,266,182 shares changing hands.

The firm has a market capitalization of C$1.19 billion and a PE ratio of 37.69. The company has a debt-to-equity ratio of 15.62, a quick ratio of 0.97 and a current ratio of 1.24. The business’s 50 day moving average is C$0.97 and its two-hundred day moving average is C$0.85.

Alphamin Resources Company Profile (CVE:AFM)

Alphamin Resources Corp. engages in the extraction and sale of tin concentrates in the Democratic Republic of the Congo. The company's flagship property is the Mpama North Tin project. It has five exploration licenses and one current mining license covering 1,270 square kilometers located in the North Kivu Province of the Democratic Republic of Congo.

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