Alphamin Resources Corp. (CVE:AFM – Get Free Report) fell 42.7% during trading on Thursday . The stock traded as low as C$0.43 and last traded at C$0.43. 5,856,111 shares traded hands during mid-day trading, an increase of 525% from the average session volume of 937,226 shares. The stock had previously closed at C$0.75.
Alphamin Resources Trading Up 23.9 %
The firm has a market cap of C$511.59 million, a P/E ratio of 6.99 and a beta of 1.21. The company has a 50 day moving average of C$0.91 and a 200 day moving average of C$1.06. The company has a debt-to-equity ratio of 21.69, a quick ratio of 2.03 and a current ratio of 1.28.
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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