Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) traded up 21.7% during trading on Friday . The company traded as high as C$0.57 and last traded at C$0.56. 3,062,101 shares were traded during trading, an increase of 184% from the average session volume of 1,077,217 shares. The stock had previously closed at C$0.46.
Alphamin Resources Stock Performance
The firm’s fifty day simple moving average is C$0.91 and its 200 day simple moving average is C$1.06. The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03. The company has a market capitalization of C$507.11 million, a price-to-earnings ratio of 6.93 and a beta of 1.21.
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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