Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price shot up 21.7% during mid-day trading on Friday . The company traded as high as C$0.59 and last traded at C$0.56. 4,340,751 shares were traded during trading, an increase of 292% from the average session volume of 1,108,720 shares. The stock had previously closed at C$0.46.
Alphamin Resources Stock Up 23.9 %
The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03. The business’s 50 day moving average price is C$0.91 and its 200-day moving average price is C$1.06. The company has a market cap of C$511.59 million, a P/E ratio of 6.99 and a beta of 1.21.
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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