Alphamin Resources Corp. (CVE:AFM – Get Free Report) shot up 25% on Friday . The company traded as high as C$0.59 and last traded at C$0.58. 4,997,964 shares were traded during trading, an increase of 346% from the average session volume of 1,120,273 shares. The stock had previously closed at C$0.46.
Alphamin Resources Price Performance
The stock has a market cap of C$511.59 million, a PE ratio of 6.99 and a beta of 1.21. The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69. The firm’s 50-day moving average price is C$0.90 and its two-hundred day moving average price is C$1.05.
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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