Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s stock price rose 23.9% during mid-day trading on Saturday . The company traded as high as C$0.59 and last traded at C$0.57. Approximately 5,307,589 shares were traded during mid-day trading, an increase of 370% from the average daily volume of 1,128,308 shares. The stock had previously closed at C$0.46.
Alphamin Resources Price Performance
The stock has a fifty day moving average price of C$0.90 and a 200-day moving average price of C$1.05. The firm 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 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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