Alphamin Resources (CVE:AFM) Shares Up 23.9% – What’s Next?

Alphamin Resources Corp. (CVE:AFMGet Free Report)’s stock price rose 23.9% during trading on Saturday . The company traded as high as C$0.59 and last traded at C$0.57. Approximately 5,307,589 shares changed hands during trading, an increase of 370% from the average daily volume of 1,128,308 shares. The stock had previously closed at C$0.46.

Alphamin Resources Price Performance

The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69. The stock has a market capitalization of C$511.59 million, a price-to-earnings ratio of 6.99 and a beta of 1.21. The stock has a 50-day moving average price of C$0.91 and a 200 day moving average price of C$1.06.

About Alphamin Resources

(Get Free Report)

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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