Alphamin Resources Corp. (CVE:AFM – Get Free Report) was down 14% during mid-day trading on Monday . The company traded as low as C$0.49 and last traded at C$0.49. Approximately 680,928 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 1,112,610 shares. The stock had previously closed at C$0.57.
Alphamin Resources Stock Up 14.0 %
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 company has a market capitalization of C$475.69 million, a price-to-earnings ratio of 6.50 and a beta of 1.21. The stock’s fifty day moving average price is C$0.87 and its 200-day moving average price 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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