Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) rose 9.1% during mid-day trading on Wednesday . The company traded as high as C$0.61 and last traded at C$0.60. Approximately 1,233,465 shares changed hands during mid-day trading, a decline of 6% from the average daily volume of 1,311,105 shares. The stock had previously closed at C$0.55.
Alphamin Resources Stock Up 9.1 %
The company’s fifty day simple moving average is C$0.70 and its 200 day simple moving average is C$0.99. 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 firm has a market capitalization of C$538.52 million, a PE ratio of 7.36 and a beta of 1.21.
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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