Alphamin Resources Corp. (CVE:AFM – Get Free Report) traded up 28.3% during trading on Wednesday . The company traded as high as C$0.83 and last traded at C$0.77. 3,758,238 shares changed hands during mid-day trading, an increase of 179% from the average session volume of 1,346,571 shares. The stock had previously closed at C$0.60.
Alphamin Resources Price Performance
The stock’s 50 day simple moving average is C$0.69 and its 200 day simple moving average is C$0.99. The firm has a market capitalization of C$691.10 million, a P/E ratio of 9.45 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.
Alphamin Resources Company Profile
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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