Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price dropped 33.3% during trading on Thursday . The company traded as low as C$0.46 and last traded at C$0.50. Approximately 3,457,253 shares were traded during mid-day trading, an increase of 282% from the average daily volume of 903,904 shares. The stock had previously closed at C$0.75.
Alphamin Resources Trading Up 23.9 %
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 has a fifty day moving average price of C$0.91 and a 200 day moving average price of C$1.06. The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69.
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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