Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price was down 42.7% during trading on Thursday . The stock traded as low as C$0.43 and last traded at C$0.43. Approximately 5,856,111 shares changed hands during mid-day trading, an increase of 525% from the average daily volume of 937,226 shares. The stock had previously closed at C$0.75.
Alphamin Resources Trading Up 23.9 %
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 firm’s 50-day simple moving average is C$0.91 and its 200 day simple moving average is C$1.06. 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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