Alphamin Resources Corp. (CVE:AFM – Get Free Report) shot up 8.7% during trading on Friday . The company traded as high as C$0.51 and last traded at C$0.50. 2,239,984 shares changed hands during mid-day trading, an increase of 111% from the average session volume of 1,063,166 shares. The stock had previously closed at C$0.46.
Alphamin Resources Trading Up 19.6 %
The company’s 50 day simple moving average is C$0.91 and its two-hundred day simple moving average is C$1.06. The company has a market cap of C$493.64 million, a PE ratio of 6.75 and a beta of 1.21. The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03.
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.
Further Reading
- Five stocks we like better than Alphamin Resources
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- How Super Micro Computer Stock Is Defying the Market Sell-Off
- What Are Dividend Champions? How to Invest in the Champions
- AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?
Receive News & Ratings for Alphamin Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphamin Resources and related companies with MarketBeat.com's FREE daily email newsletter.
