Alphamin Resources Corp. (CVE:AFM - Get Free Report) shares rose 23.9% on Saturday . The company 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 Trading Up 14.0 %
The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69. The firm has a 50-day moving average price of C$0.89 and a 200-day moving average price of C$1.05. The company has a market capitalization of C$475.69 million, a price-to-earnings ratio of 6.50 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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