Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares fell 18.4% during mid-day trading on Tuesday . The stock traded as low as C$0.45 and last traded at C$0.47. 3,372,228 shares changed hands during trading, an increase of 188% from the average session volume of 1,171,460 shares. The stock had previously closed at C$0.57.
Alphamin Resources Stock Down 18.4 %
The business has a 50-day moving average price of C$0.89 and a 200 day moving average price of C$1.05. 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$417.35 million, a P/E ratio of 5.71 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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