Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price shot up 9.1% on Thursday . The company traded as high as C$0.86 and last traded at C$0.84. 1,717,329 shares were traded during mid-day trading, an increase of 27% from the average session volume of 1,351,867 shares. The stock had previously closed at C$0.77.
Alphamin Resources Price Performance
The business’s 50-day simple moving average is C$0.69 and its two-hundred day simple moving average is C$0.98. The stock has a market cap of C$735.98 million, a price-to-earnings ratio of 10.06 and a beta of 1.21. The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03.
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.
Further Reading
- Five stocks we like better than Alphamin Resources
- Best Stocks Under $5.00
- Robinhood Strategies Could Be a Game-Changer for Young Investors
- Compound Interest and Why It Matters When Investing
- Are These 3 Retail Stocks Oversold or Really in Trouble?
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- IONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead
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.
