Alphamin Resources Corp. (CVE:AFM – Get Free Report) was down 38.7% during mid-day trading on Thursday . The stock traded as low as C$0.43 and last traded at C$0.46. Approximately 9,804,708 shares changed hands during trading, an increase of 840% from the average daily volume of 1,043,452 shares. The stock had previously closed at C$0.75.
Alphamin Resources Trading Down 38.7 %
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$412.87 million, a P/E ratio of 5.64 and a beta of 1.21. The business’s fifty day simple moving average is C$0.92 and its 200 day simple moving average is C$1.06.
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.
See Also
- Five stocks we like better than Alphamin Resources
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- 3 Undervalued Stocks You Can Buy at a Discount Now
- Industrial Products Stocks Investing
- AMD Stock: Can the PC Refresh Cycle Spark a Rally?
- What is a support level?
- Micron Stock Spikes 7%—3 Key Catalysts Behind the Move
Receive News & Ratings for Alphamin Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphamin Resources and related companies with MarketBeat.com's FREE daily email newsletter.
