Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) were down 18.4% on Monday . The stock traded as low as C$0.45 and last traded at C$0.47. Approximately 3,372,228 shares were traded during trading, an increase of 188% from the average daily volume of 1,171,460 shares. The stock had previously closed at C$0.57.
Alphamin Resources Stock Down 18.4 %
The business has a 50-day moving average price of C$0.90 and a 200-day moving average price of C$1.05. The stock has a market cap of C$417.35 million, a PE ratio of 5.71 and a beta of 1.21. The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69.
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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