Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price shot up 21.7% during trading on Friday . The stock traded as high as C$0.59 and last traded at C$0.56. 4,340,751 shares changed hands during trading, an increase of 292% from the average session volume of 1,108,720 shares. The stock had previously closed at C$0.46.
Alphamin Resources Stock Performance
The stock has a market cap of C$511.59 million, a price-to-earnings 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. The company’s 50 day simple moving average is C$0.90 and its 200 day simple moving average is C$1.05.
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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