Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s stock price 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 mid-day trading, an increase of 850% from the average session volume of 1,032,390 shares. The stock had previously closed at C$0.75.
Alphamin Resources Stock Performance
The company’s fifty day simple moving average is C$0.91 and its 200 day simple moving average is C$1.06. 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 stock has a market capitalization of C$511.59 million, a P/E ratio of 6.99 and a beta of 1.21.
About Alphamin Resources
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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