Alphamin Resources Corp. (CVE:AFM – Get Free Report) traded up 28.3% during trading on Thursday . The company traded as high as C$0.83 and last traded at C$0.77. 3,758,238 shares were traded during mid-day trading, an increase of 179% from the average session volume of 1,346,571 shares. The stock had previously closed at C$0.60.
Alphamin Resources Stock Performance
The firm has a 50-day simple moving average of C$0.69 and a two-hundred day simple moving average of C$0.98. The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69. The company has a market capitalization of C$735.98 million, a price-to-earnings ratio of 10.06 and a beta of 1.21.
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.
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