Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) were up 2.7% during trading on Wednesday . The stock traded as high as C$1.16 and last traded at C$1.15. Approximately 99,658 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 609,831 shares. The stock had previously closed at C$1.12.
Alphamin Resources Stock Performance
The stock has a market capitalization of C$1.48 billion, a P/E ratio of 22.40 and a beta of 1.35. The firm has a 50-day moving average of C$0.97 and a 200 day moving average of C$0.90. The company has a quick ratio of 2.03, a current ratio of 1.18 and a debt-to-equity ratio of 22.07.
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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