Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) dropped 14% on Monday . The stock traded as low as C$0.49 and last traded at C$0.49. Approximately 680,928 shares were traded during trading, a decline of 39% from the average daily volume of 1,112,610 shares. The stock had previously closed at C$0.57.
Alphamin Resources Price Performance
The firm has a 50 day moving average price of C$0.85 and a two-hundred day moving average price of C$1.04. The company has a market cap of C$403.89 million, a P/E ratio of 5.52 and a beta of 1.21. The company has a debt-to-equity ratio of 21.69, a quick ratio of 2.03 and a current ratio of 1.28.
About Alphamin Resources
(
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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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