Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price fell 38% during trading on Thursday . The stock traded as low as C$0.43 and last traded at C$0.47. 7,742,970 shares changed hands during trading, an increase of 693% from the average session volume of 976,712 shares. The stock had previously closed at C$0.75.
Alphamin Resources Trading Up 23.9 %
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 firm has a 50-day moving average of C$0.91 and a 200 day moving average of C$1.06. The company has a market cap of C$511.59 million, a P/E 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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