Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) fell 18.4% on Tuesday . The stock traded as low as C$0.45 and last traded at C$0.47. 3,372,228 shares traded hands during trading, an increase of 188% from the average session volume of 1,171,460 shares. The stock had previously closed at C$0.57.
Alphamin Resources Stock Down 18.4 %
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 stock has a market cap of C$417.35 million, a P/E ratio of 5.71 and a beta of 1.21. The firm has a 50-day simple moving average of C$0.89 and a two-hundred day simple moving average of C$1.05.
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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