Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) shot up 20% during trading on Wednesday . The company traded as high as C$0.83 and last traded at C$0.72. 2,503,303 shares traded hands during mid-day trading, an increase of 88% from the average session volume of 1,328,304 shares. The stock had previously closed at C$0.60.
Alphamin Resources Price Performance
The company's fifty day moving average is C$0.69 and its 200 day moving average is C$0.98. 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$762.90 million, a price-to-earnings ratio of 10.43 and a beta of 1.21.
Alphamin Resources Company Profile
(
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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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