Alphamin Resources (CVE:AFM) Stock Price Up 9.1% – Here’s What Happened

Alphamin Resources Corp. (CVE:AFMGet Free Report)’s stock price traded up 9.1% on Thursday . The stock traded as high as C$0.86 and last traded at C$0.84. 1,717,329 shares changed hands during trading, an increase of 27% from the average session volume of 1,351,867 shares. The stock had previously closed at C$0.77.

Alphamin Resources Price Performance

The company has a market cap of C$735.98 million, a price-to-earnings ratio of 10.06 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. The company has a fifty day moving average price of C$0.69 and a two-hundred day moving average price of C$0.98.

Alphamin Resources Company Profile

(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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