Alphamin Resources Corp. (CVE:AFM – Get Free Report) fell 18.4% during mid-day trading on Monday . The stock traded as low as C$0.45 and last traded at C$0.47. 3,372,228 shares traded hands during trading, an increase of 188% from the average session volume of 1,171,460 shares. The stock had previously closed at C$0.57.
Alphamin Resources Stock Down 18.4 %
The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69. The stock has a market capitalization of C$417.35 million, a PE ratio of 5.71 and a beta of 1.21. The firm’s fifty day moving average is C$0.89 and its 200-day moving average is C$1.05.
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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