Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price was up 28.3% during trading on Wednesday . The company traded as high as C$0.83 and last traded at C$0.77. Approximately 3,758,238 shares were traded during mid-day trading, an increase of 179% from the average daily volume of 1,346,571 shares. The stock had previously closed at C$0.60.
Alphamin Resources Price Performance
The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69. The stock has a market cap of C$691.10 million, a P/E ratio of 9.45 and a beta of 1.21. The firm has a 50 day moving average price of C$0.69 and a 200 day moving average price of C$0.99.
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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