Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares fell 7.2% during mid-day trading on Friday . The company traded as low as C$0.45 and last traded at C$0.45. 1,237,578 shares traded hands during trading, an increase of 3% from the average session volume of 1,207,295 shares. The stock had previously closed at C$0.49.
Alphamin Resources Price Performance
The stock has a market cap of C$408.38 million, a PE ratio of 5.58 and a beta of 1.21. 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 company’s fifty day moving average is C$0.85 and its 200 day moving average is C$1.04.
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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