Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares rose 9.1% during mid-day 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 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 Stock Performance
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 50 day moving average price of C$0.69 and a 200 day moving average price of C$0.98. The stock has a market cap of C$735.98 million, a PE ratio of 10.06 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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