Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s stock price was up 23.9% during mid-day trading on Friday . The company traded as high as C$0.59 and last traded at C$0.57. Approximately 5,307,589 shares were traded during trading, an increase of 371% from the average daily volume of 1,127,778 shares. The stock had previously closed at C$0.46.
Alphamin Resources Stock Performance
The business has a fifty day moving average price of C$0.90 and a 200-day moving average price of C$1.05. The stock has a market capitalization of C$511.59 million, a P/E ratio of 6.99 and a beta of 1.21. The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69.
Alphamin Resources Company Profile
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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