Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares rose 9.1% on Tuesday . The stock traded as high as C$0.61 and last traded at C$0.60. Approximately 1,233,465 shares were traded during mid-day trading, a decline of 6% from the average daily volume of 1,311,105 shares. The stock had previously closed at C$0.55.
Alphamin Resources Stock Performance
The firm’s 50 day moving average price is C$0.71 and its 200-day moving average price is C$1.00. The firm has a market cap of C$538.52 million, a price-to-earnings ratio of 7.36 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.
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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