Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) shot up 23.9% during mid-day trading on Saturday . The company traded as high as C$0.59 and last traded at C$0.57. 5,307,589 shares changed hands during mid-day trading, an increase of 370% from the average session volume of 1,128,308 shares. The stock had previously closed at C$0.46.
Alphamin Resources Trading Up 23.9 %
The firm has a 50-day moving average of C$0.91 and a 200 day moving average of 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 price-to-earnings ratio of 6.99 and a beta of 1.21.
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.
Further Reading
- Five stocks we like better than Alphamin Resources
- Investing in Commodities: What Are They? How to Invest in Them
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- Upcoming IPO Stock Lockup Period, Explained
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Why Costco Stock Is Poised to Hit $1,000 Again Soon
Receive News & Ratings for Alphamin Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphamin Resources and related companies with MarketBeat.com's FREE daily email newsletter.
