Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares were up 9.1% during mid-day trading on Wednesday . The company traded as high as C$0.61 and last traded at C$0.60. Approximately 1,233,465 shares traded hands during mid-day trading, a decline of 6% from the average daily volume of 1,311,105 shares. The stock had previously closed at C$0.55.
Alphamin Resources Price Performance
The firm has a 50-day moving average price of C$0.70 and a 200 day moving average price of C$0.99. The stock has a market capitalization of C$538.52 million, a P/E ratio of 7.36 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.
About Alphamin Resources
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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