Shares of 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 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 Stock Up 28.3 %
The firm has a market cap of C$691.10 million, a PE ratio of 9.45 and a beta of 1.21. The business’s 50 day moving average price is C$0.69 and its 200 day moving average price is C$0.99. The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03.
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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