Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) rose 9.1% during mid-day trading on Friday . The company traded as high as C$0.86 and last traded at C$0.84. Approximately 1,717,329 shares were traded during trading, an increase of 27% from the average daily volume of 1,351,867 shares. The stock had previously closed at C$0.77.
Alphamin Resources Stock Performance
The company has a 50 day moving average price of C$0.69 and a 200 day moving average price of C$0.98. 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 company has a market capitalization of C$735.98 million, a price-to-earnings ratio of 10.06 and a beta of 1.21.
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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