Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares fell 38.7% during trading on Friday . The company traded as low as C$0.43 and last traded at C$0.46. 9,804,708 shares changed hands during mid-day trading, an increase of 838% from the average session volume of 1,044,722 shares. The stock had previously closed at C$0.75.
Alphamin Resources Stock Down 38.7 %
The firm has a 50-day moving average of C$0.91 and a two-hundred day moving average of C$1.06. The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69. The company has a market capitalization of C$412.87 million, a PE ratio of 5.64 and a beta of 1.21.
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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