Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) fell 11.3% during trading on Friday . The company traded as low as C$0.42 and last traded at C$0.43. 2,578,989 shares traded hands during mid-day trading, an increase of 109% from the average session volume of 1,234,107 shares. The stock had previously closed at C$0.49.
Alphamin Resources Price Performance
The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03. The company has a market cap of C$403.89 million, a PE ratio of 5.52 and a beta of 1.21. The business has a 50 day moving average of C$0.84 and a 200 day moving average of C$1.04.
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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