Alphamin Resources Corp. (CVE:AFM – Get Free Report) fell 38.7% on Friday . The stock traded as low as C$0.43 and last traded at C$0.46. 9,804,708 shares traded 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 Price Performance
The company’s fifty day moving average is C$0.92 and its two-hundred day moving average is 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 firm has a market capitalization of C$412.87 million, a price-to-earnings ratio of 5.64 and a beta of 1.21.
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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