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Alphamin Resources (CVE:AFM) Shares Up 9.1% - Here's What Happened

Alphamin Resources logo with Basic Materials background

Alphamin Resources Corp. (CVE:AFM - Get Free Report) shares shot up 9.1% on Friday . The company traded as high as C$0.86 and last traded at C$0.84. 1,717,329 shares traded hands during trading, an increase of 27% from the average session volume of 1,351,867 shares. The stock had previously closed at C$0.77.

Alphamin Resources Price Performance

The stock has a market capitalization of C$744.95 million, a P/E ratio of 10.18 and a beta of 1.21. The company has a debt-to-equity ratio of 21.69, a quick ratio of 2.03 and a current ratio of 1.28. The firm has a fifty day moving average price of C$0.68 and a two-hundred day moving average price of C$0.98.

Alphamin Resources Company Profile

(Get Free Report)

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.

Further Reading

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