Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) traded up 28.3% during mid-day trading on Thursday . The company traded as high as C$0.83 and last traded at C$0.77. 3,758,238 shares changed 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 Stock Down 2.4 %
The company has a debt-to-equity ratio of 21.69, a quick ratio of 2.03 and a current ratio of 1.28. The business’s 50 day simple moving average is C$0.69 and its 200-day simple moving average is C$0.98. The company has a market cap of C$735.98 million, a price-to-earnings ratio of 10.06 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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