Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares were up 23.9% on Saturday . The stock traded as high as C$0.59 and last traded at C$0.57. Approximately 5,307,589 shares traded hands 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 Stock Up 23.9 %
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 stock has a market cap of C$511.59 million, a price-to-earnings ratio of 6.99 and a beta of 1.21. The firm’s 50-day simple moving average is C$0.91 and its two-hundred day simple moving average is C$1.06.
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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