Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) traded down 38.7% during mid-day trading 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 current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69. The firm has a market capitalization of C$511.59 million, a price-to-earnings ratio of 6.99 and a beta of 1.21. The stock’s 50-day moving average is C$0.90 and its 200-day moving average is C$1.05.
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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