Alphamin Resources Corp. (CVE:AFM – Get Free Report) dropped 38.7% during mid-day trading on Thursday . The company traded as low as C$0.43 and last traded at C$0.46. Approximately 9,804,708 shares changed hands during trading, an increase of 850% from the average daily volume of 1,032,390 shares. The stock had previously closed at C$0.75.
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 company has a market capitalization of C$511.59 million, a P/E ratio of 6.99 and a beta of 1.21. The business’s fifty day moving average price is C$0.91 and its 200-day moving average price is C$1.06.
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.
Featured Articles
- Five stocks we like better than Alphamin Resources
- The 3 Best Blue-Chip Stocks to Buy Now
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- How to Invest in Biotech Stocks
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- What is a Dividend King?
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Receive News & Ratings for Alphamin Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphamin Resources and related companies with MarketBeat.com's FREE daily email newsletter.