Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s stock price was up 28.3% during mid-day 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 Trading Up 28.3 %
The firm has a market cap of C$691.10 million, a PE ratio of 9.45 and a beta of 1.21. The company has a 50-day simple moving average of C$0.69 and a 200 day simple moving average of C$0.99. 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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