Alphamin Resources Corp. (CVE:AFM – Get Free Report) was up 23.9% during trading on Saturday . The company traded as high as C$0.59 and last traded at C$0.57. Approximately 5,307,589 shares were traded during mid-day trading, an increase of 370% from the average daily volume of 1,128,308 shares. The stock had previously closed at C$0.46.
Alphamin Resources Price Performance
The stock’s 50-day moving average price is C$0.90 and its 200 day moving average price is C$1.05. 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 company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69.
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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