Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price traded down 7.2% during trading on Friday . The company traded as low as C$0.45 and last traded at C$0.45. 1,237,578 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 1,207,295 shares. The stock had previously closed at C$0.49.
Alphamin Resources Stock Down 6.2 %
The firm has a 50-day moving average of C$0.85 and a two-hundred day moving average of C$1.04. The firm has a market cap of C$408.38 million, a price-to-earnings ratio of 5.58 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.
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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