Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) shot up 7.3% during trading on Tuesday . The company traded as high as C$0.61 and last traded at C$0.59. 1,156,898 shares traded hands during trading, a decline of 12% from the average session volume of 1,308,339 shares. The stock had previously closed at C$0.55.
Alphamin Resources Stock Performance
The firm's fifty day simple moving average is C$0.69 and its 200 day simple moving average is C$0.98. The company has a market capitalization of C$735.98 million, a price-to-earnings ratio of 10.06 and a beta of 1.21. The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03.
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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