Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s stock price was down 38.7% on Thursday . The company traded as low as C$0.43 and last traded at C$0.46. Approximately 9,804,708 shares traded hands during mid-day trading, an increase of 840% from the average daily volume of 1,043,452 shares. The stock had previously closed at C$0.75.
Alphamin Resources Trading Up 23.9 %
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 business’s 50-day simple moving average is C$0.91 and its two-hundred day simple moving average is C$1.06. The company has a market capitalization of C$511.59 million, a PE ratio of 6.99 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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