Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) dropped 7.2% on Friday . The company traded as low as C$0.45 and last traded at C$0.45. Approximately 1,237,578 shares were traded during trading, an increase of 3% from the average daily volume of 1,207,295 shares. The stock had previously closed at C$0.49.
Alphamin Resources Stock Performance
The firm has a fifty day moving average of C$0.83 and a 200-day moving average of C$1.03. 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$430.82 million, a P/E ratio of 5.89 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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