Alphamin Resources (CVE:AFM) Stock Price Up 28.3% – Here’s What Happened

Alphamin Resources Corp. (CVE:AFMGet Free Report) shot up 28.3% during mid-day trading on Thursday . The company traded as high as C$0.83 and last traded at C$0.77. 3,758,238 shares were traded during trading, an increase of 179% from the average session volume of 1,346,571 shares. The stock had previously closed at C$0.60.

Alphamin Resources Price Performance

The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69. The company has a market capitalization of C$691.10 million, a PE ratio of 9.45 and a beta of 1.21. The stock has a fifty day simple moving average of C$0.69 and a 200-day simple moving average of C$0.99.

Alphamin Resources Company Profile

(Get Free Report)

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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