Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) traded down 38.7% 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 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 Trading Down 38.7 %
The stock has a 50-day moving average price of C$0.91 and a two-hundred day moving average price of C$1.06. The stock has a market capitalization of C$412.87 million, a PE ratio of 5.64 and a beta of 1.21. The company has a debt-to-equity ratio of 21.69, a quick ratio of 2.03 and a current ratio of 1.28.
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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