Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) traded up 25% during mid-day trading on Wednesday . The stock traded as high as C$0.83 and last traded at C$0.75. 2,445,286 shares changed hands during mid-day trading, an increase of 85% from the average session volume of 1,323,373 shares. The stock had previously closed at C$0.60.
Alphamin Resources Stock Up 3.7 %
The stock has a 50-day moving average of C$0.69 and a 200-day moving average of C$0.98. The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03. 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.
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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