Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) shot 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 traded hands during mid-day 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 Stock Up 9.1 %
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 business has a 50-day simple moving average of C$0.69 and a two-hundred day simple moving average of C$0.99. The stock has a market capitalization of C$753.93 million, a P/E ratio of 10.31 and a beta of 1.21.
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.
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