Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) shot up 23.9% on Saturday . The stock traded as high as C$0.59 and last traded at C$0.57. 5,307,589 shares were traded during mid-day trading, an increase of 370% from the average session volume of 1,128,308 shares. The stock had previously closed at C$0.46.
Alphamin Resources Stock Performance
The company has a 50-day simple moving average of C$0.86 and a two-hundred day simple moving average of C$1.04. The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69. The firm has a market cap of C$466.72 million, a PE ratio of 6.38 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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