Alphamin Resources Corp. (CVE:AFM - Get Free Report)'s share price fell 38.7% on Friday . The company traded as low as C$0.43 and last traded at C$0.46. 9,804,708 shares traded hands during trading, an increase of 838% from the average session volume of 1,044,722 shares. The stock had previously closed at C$0.75.
Alphamin Resources Trading Up 23.9 %
The firm has a fifty day moving average of C$0.91 and a 200-day moving average of C$1.06. 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 capitalization of C$511.59 million, a price-to-earnings ratio of 6.99 and a beta of 1.21.
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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