Alphamin Resources Corp. (CVE:AFM – Get Free Report) shot up 5.2% during mid-day trading on Thursday . The company traded as high as C$0.85 and last traded at C$0.81. 1,090,866 shares traded hands during trading, a decline of 19% from the average session volume of 1,342,356 shares. The stock had previously closed at C$0.77.
Alphamin Resources Price Performance
The company has a market cap of C$735.98 million, a price-to-earnings ratio of 10.06 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. The company’s 50 day moving average price is C$0.69 and its 200 day moving average price is C$0.98.
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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