Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price rose 9.1% during mid-day trading on Friday . The company traded as high as C$0.86 and last traded at C$0.84. Approximately 1,717,329 shares traded hands during trading, an increase of 27% from the average daily volume of 1,351,867 shares. The stock had previously closed at C$0.77.
Alphamin Resources Stock Down 2.4 %
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$735.98 million, a PE ratio of 10.06 and a beta of 1.21. The firm’s fifty day moving average is C$0.69 and its 200-day moving average is C$0.98.
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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