Alphamin Resources (CVE:AFM) Stock Price Down 38.7% – Here’s What Happened

Shares of Alphamin Resources Corp. (CVE:AFMGet Free Report) traded down 38.7% on Friday . The stock traded as low as C$0.43 and last traded at C$0.46. 9,804,708 shares traded hands during trading, an increase of 838% from the average session volume of 1,044,722 shares. The stock had previously closed at C$0.75.

Alphamin Resources Trading Up 23.9 %

The firm has a fifty day moving average of C$0.90 and a two-hundred day moving average of C$1.05. The company has a market cap of C$511.59 million, a PE ratio of 6.99 and a beta of 1.21. The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69.

Alphamin Resources Company Profile

(Get Free Report)

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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