Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) were up 9.1% 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 Performance
The company has a market cap of C$753.93 million, a price-to-earnings ratio of 10.31 and a beta of 1.21. The firm’s 50 day simple moving average is C$0.69 and its 200-day simple moving average is C$0.99. The company has a debt-to-equity ratio of 21.69, a quick ratio of 2.03 and a current ratio of 1.28.
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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