Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares traded up 9.1% during mid-day trading on Tuesday . The stock traded as high as C$0.61 and last traded at C$0.60. 1,233,465 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 1,311,105 shares. The stock had previously closed at C$0.55.
Alphamin Resources Price Performance
The firm has a market capitalization of C$538.52 million, a P/E ratio of 7.36 and a beta of 1.21. The business’s 50-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.
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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