Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price dropped 11.3% during trading on Friday . The company traded as low as C$0.42 and last traded at C$0.43. Approximately 2,578,989 shares were traded during mid-day trading, an increase of 109% from the average daily volume of 1,234,107 shares. The stock had previously closed at C$0.49.
Alphamin Resources Trading Down 8.2 %
The business has a 50 day moving average of C$0.85 and a two-hundred day moving average of C$1.04. The firm has a market capitalization of C$399.40 million, a price-to-earnings ratio of 5.46 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.
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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