Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares fell 38.7% on Thursday . The company traded as low as C$0.43 and last traded at C$0.46. 8,475,948 shares traded hands during trading, an increase of 735% from the average session volume of 1,014,783 shares. The stock had previously closed at C$0.75.
Alphamin Resources Stock Performance
The company has a market cap of C$511.59 million, a P/E ratio of 6.99 and a beta of 1.21. The stock has a fifty day moving average price of C$0.91 and a two-hundred day moving average price of C$1.06. 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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