Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares fell 38.7% on Friday . The company traded as low as C$0.43 and last traded at C$0.46. 9,804,708 shares were traded 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 Stock Performance
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 firm has a market cap of C$511.59 million, a P/E ratio of 6.99 and a beta of 1.21. The firm’s fifty day moving average price is C$0.90 and its 200 day moving average price is C$1.05.
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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