Alphamin Resources (CVE:AFM) Trading 28.3% Higher – Here’s What Happened

Alphamin Resources Corp. (CVE:AFMGet Free Report)’s stock price traded up 28.3% on Wednesday . The company traded as high as C$0.83 and last traded at C$0.77. 3,758,238 shares traded hands during mid-day trading, an increase of 179% from the average session volume of 1,346,571 shares. The stock had previously closed at C$0.60.

Alphamin Resources Trading Up 28.3 %

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$691.10 million, a PE ratio of 9.45 and a beta of 1.21. The stock has a 50 day moving average price of C$0.69 and a 200-day moving average price of C$0.99.

About Alphamin Resources

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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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