Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price was up 20% during mid-day trading on Wednesday . The stock traded as high as C$0.83 and last traded at C$0.72. Approximately 2,503,303 shares were traded during trading, an increase of 88% from the average daily volume of 1,328,304 shares. The stock had previously closed at C$0.60.
Alphamin Resources Stock Down 2.4 %
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 company has a market capitalization of C$735.98 million, a price-to-earnings ratio of 10.06 and a beta of 1.21. The business’s 50-day moving average is C$0.69 and its 200-day moving average is C$0.98.
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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