Alphamin Resources (CVE:AFM) Trading Up 6.6% – Here’s What Happened

Shares of Alphamin Resources Corp. (CVE:AFMGet Free Report) traded up 6.6% during mid-day trading on Wednesday . The stock traded as high as C$0.57 and last traded at C$0.57. 527,370 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 1,187,340 shares. The stock had previously closed at C$0.53.

Alphamin Resources Trading Up 1.9 %

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 company has a market capitalization of C$484.67 million, a price-to-earnings ratio of 6.63 and a beta of 1.21. The company has a fifty day moving average of C$0.87 and a 200-day moving average of C$1.05.

About Alphamin Resources

(Get Free Report)

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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