Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares rose 9.1% during mid-day trading on Wednesday . The company traded as high as C$0.61 and last traded at C$0.60. Approximately 1,233,465 shares traded hands during trading, a decline of 6% from the average daily volume of 1,311,105 shares. The stock had previously closed at C$0.55.
Alphamin Resources Stock Up 9.1 %
The firm has a market capitalization of C$538.52 million, a price-to-earnings ratio of 7.36 and a beta of 1.21. The business has a 50 day moving average of C$0.70 and a 200 day moving average of C$0.99. The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03.
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
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Is Microsoft Stock Too Cheap to Ignore After Its Latest Drop?
- Upcoming IPO Stock Lockup Period, Explained
- Why Markets Suddenly See Opportunity in These Emerging Markets
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Amazon Stock Bounces From Lows as Smart Money Steps In
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.
-logo-1200x675.jpg?v=20230323095506&h=45&w=95&zc=2){kind=logo}
