Alphamin Resources (CVE:AFM) Trading Down 14% – Here’s What Happened

Alphamin Resources Corp. (CVE:AFMGet Free Report) traded down 14% during trading on Monday . The company traded as low as C$0.49 and last traded at C$0.49. 680,928 shares changed hands during trading, a decline of 39% from the average session volume of 1,112,610 shares. The stock had previously closed at C$0.57.

Alphamin Resources Stock Performance

The firm’s fifty day moving average price is C$0.90 and its two-hundred day moving average price is C$1.05. The stock has a market capitalization of C$457.74 million, a PE ratio of 6.26 and a beta of 1.21. The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69.

About Alphamin Resources

(Get Free Report)

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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