Alphamin Resources (CVE:AFM) Trading Down 18.4% – Here’s Why

Alphamin Resources Corp. (CVE:AFMGet 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

(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.

Featured Articles

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.