Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price rose 23.9% during mid-day trading on Friday . The company traded as high as C$0.59 and last traded at C$0.57. Approximately 5,307,589 shares changed hands during mid-day trading, an increase of 371% from the average daily volume of 1,127,778 shares. The stock had previously closed at C$0.46.
Alphamin Resources Stock Performance
The company has a debt-to-equity ratio of 21.69, a quick ratio of 2.03 and a current ratio of 1.28. The stock has a 50-day moving average of C$0.91 and a 200-day moving average of C$1.06. The firm has a market cap of C$511.59 million, a price-to-earnings ratio of 6.99 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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