Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares rose 23.9% during trading on Friday . The stock traded as high as C$0.59 and last traded at C$0.57. Approximately 5,307,589 shares traded hands during trading, an increase of 371% from the average daily volume of 1,127,778 shares. The stock had previously closed at C$0.46.
Alphamin Resources Stock Up 23.9 %
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 business’s fifty day moving average price is C$0.91 and its two-hundred day moving average price is C$1.06. The firm has a market cap of C$511.59 million, a P/E ratio of 6.99 and a beta of 1.21.
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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