Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price rose 21.7% on Friday . The company traded as high as C$0.57 and last traded at C$0.56. Approximately 3,062,101 shares were traded during trading, an increase of 184% from the average daily volume of 1,077,217 shares. The stock had previously closed at C$0.46.
Alphamin Resources Stock Up 23.9 %
The company has a market capitalization of C$511.59 million, a PE 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. The firm has a 50 day simple moving average of C$0.90 and a two-hundred day simple moving average of C$1.05.
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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