Alphamin Resources (CVE:AFM) Trading 9.1% Higher – Here’s What Happened

Alphamin Resources Corp. (CVE:AFMGet Free Report) shares were up 9.1% during trading on Thursday . The company traded as high as C$0.86 and last traded at C$0.84. Approximately 1,717,329 shares traded hands during mid-day 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 Price Performance

The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03. The business has a fifty day moving average of C$0.69 and a 200 day moving average of C$0.99. The stock has a market cap of C$753.93 million, a PE ratio of 10.31 and a beta of 1.21.

Alphamin Resources Company Profile

(Get Free Report)

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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