Alphamin Resources Corp. (CVE:AFM – Get Free Report) shot up 25% during mid-day trading on Wednesday . The stock traded as high as C$0.83 and last traded at C$0.75. 3,077,179 shares traded hands during mid-day trading, an increase of 131% from the average session volume of 1,331,797 shares. The stock had previously closed at C$0.60.
Alphamin Resources Trading Down 2.4 %
The stock has a market cap of C$735.98 million, a PE ratio of 10.06 and a beta of 1.21. 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’s fifty day moving average price is C$0.69 and its 200 day moving average price is C$0.98.
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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