Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s stock price shot up 23.9% during trading on Friday . The company traded as high as C$0.59 and last traded at C$0.57. 5,307,589 shares were traded 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 Stock Performance
The stock’s 50-day simple moving average is C$0.91 and its 200 day simple moving average is C$1.06. 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 company has a market capitalization of C$511.59 million, a PE 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.
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