Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s stock price was up 9.1% on Thursday . The company traded as high as C$0.86 and last traded at C$0.84. Approximately 1,717,329 shares changed hands during mid-day trading, an increase of 27% from the average daily volume of 1,351,867 shares. The stock had previously closed at C$0.77.
Alphamin Resources Stock Performance
The company has a market capitalization of C$735.98 million, a P/E ratio of 10.06 and a beta of 1.21. The company’s 50 day moving average is C$0.69 and its 200-day moving average is C$0.98. The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69.
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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