Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s stock price shot up 9.1% during mid-day trading on Tuesday . The stock traded as high as C$0.61 and last traded at C$0.60. 1,233,465 shares changed hands during trading, a decline of 6% from the average session volume of 1,311,105 shares. The stock had previously closed at C$0.55.
Alphamin Resources Stock Performance
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 business has a 50 day moving average price of C$0.70 and a 200 day moving average price of C$0.99. The stock has a market cap of C$538.52 million, a P/E ratio of 7.36 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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