Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s stock price was up 28.3% during mid-day trading on Thursday . The stock traded as high as C$0.83 and last traded at C$0.77. Approximately 3,758,238 shares were traded during trading, an increase of 179% from the average daily volume of 1,346,571 shares. The stock had previously closed at C$0.60.
Alphamin Resources Price Performance
The firm has a market capitalization of C$691.10 million, a price-to-earnings ratio of 9.45 and a beta of 1.21. 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 stock’s 50 day moving average price is C$0.69 and its two-hundred day moving average price is C$0.99.
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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