Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares dropped 2.9% during trading on Friday . The stock traded as low as C$1.00 and last traded at C$1.01. Approximately 386,894 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 642,044 shares. The stock had previously closed at C$1.04.
Alphamin Resources Stock Down 1.0 %
The company has a fifty day simple moving average of C$1.04 and a 200-day simple moving average of C$1.06. The company has a quick ratio of 2.03, a current ratio of 1.06 and a debt-to-equity ratio of 21.27. The firm has a market cap of C$1.32 billion, a P/E ratio of 17.17 and a beta of 1.20.
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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