Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares were down 33.3% during mid-day trading on Thursday . The stock traded as low as C$0.46 and last traded at C$0.50. Approximately 3,457,253 shares changed hands during trading, an increase of 282% from the average daily volume of 903,904 shares. The stock had previously closed at C$0.75.
Alphamin Resources Stock Up 23.9 %
The firm has a market cap of C$511.59 million, a P/E ratio of 6.99 and a beta of 1.21. 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 firm has a fifty day moving average of C$0.91 and a 200-day moving average of C$1.06.
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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