Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares rose 8.7% during trading on Friday . The company traded as high as C$0.51 and last traded at C$0.50. Approximately 2,239,984 shares changed hands during mid-day trading, an increase of 111% from the average daily volume of 1,063,166 shares. The stock had previously closed at C$0.46.
Alphamin Resources Stock Performance
The stock’s 50-day simple moving average is C$0.90 and its 200-day simple moving average is C$1.05. The stock has a market cap of C$511.59 million, a price-to-earnings ratio of 6.99 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.
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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