Alphamin Resources (CVE:AFM) Stock Price Up 9.1% – Here’s Why

Alphamin Resources Corp. (CVE:AFMGet Free Report) shares traded up 9.1% during trading on Wednesday . The stock traded as high as C$0.61 and last traded at C$0.60. 1,233,465 shares were traded during trading, a decline of 6% from the average session volume of 1,311,105 shares. The stock had previously closed at C$0.55.

Alphamin Resources Trading Up 9.1 %

The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03. The business’s 50-day moving average is C$0.69 and its two-hundred day moving average is C$0.99. The firm has a market cap of C$753.93 million, a P/E ratio of 10.31 and a beta of 1.21.

About Alphamin Resources

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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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