Alphamin Resources Corp. (CVE:AFM – Get Free Report) shot up 3.3% during mid-day trading on Monday. The company traded as high as C$1.30 and last traded at C$1.26. 562,903 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 1,168,262 shares. The stock had previously closed at C$1.22.
Alphamin Resources Stock Performance
The stock’s 50 day moving average price is C$1.39 and its 200 day moving average price is C$1.38. The company has a debt-to-equity ratio of 10.15, a quick ratio of 2.02 and a current ratio of 1.68. The company has a market capitalization of C$1.62 billion, a P/E ratio of 7.36 and a beta of 0.61.
Insider Transactions at Alphamin Resources
In related news, insider Jac Van Heerden sold 390,500 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of C$1.52, for a total value of C$593,560.00. 58.59% of the stock is currently owned by insiders.
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. in October 2008. Alphamin Resources Corp. was incorporated in 1981 and is headquartered in Grand Baie, Mauritius.
Recommended Stories
- Five stocks we like better than Alphamin Resources
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Receive News & Ratings for Alphamin Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphamin Resources and related companies with MarketBeat.com's FREE daily email newsletter.
