Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price rose 9.1% during trading on Wednesday . The stock traded as high as C$0.61 and last traded at C$0.60. Approximately 1,233,465 shares changed hands during 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 Trading Up 9.1 %
The company has a 50 day moving average of C$0.70 and a 200 day moving average of C$0.99. The firm has a market cap of C$538.52 million, a price-to-earnings ratio of 7.36 and a beta of 1.21. The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69.
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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