Alphamin Resources Corp. (CVE:AFM – Get Free Report) fell 38.7% during trading on Thursday . The stock 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 840% from the average session volume of 1,043,452 shares. The stock had previously closed at C$0.75.
Alphamin Resources Stock Performance
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 stock has a market cap of C$511.59 million, a price-to-earnings ratio of 6.99 and a beta of 1.21. The company has a 50 day simple moving average of C$0.91 and a 200 day simple moving average of C$1.06.
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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