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Alphamin Resources (CVE:AFM) Shares Up 21.7% - What's Next?

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Alphamin Resources Corp. (CVE:AFM - Get Free Report) shot up 21.7% during trading on Friday . The stock traded as high as C$0.59 and last traded at C$0.56. 4,340,751 shares were traded during mid-day trading, an increase of 292% from the average session volume of 1,108,720 shares. The stock had previously closed at C$0.46.

Alphamin Resources Price Performance

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 capitalization of C$448.77 million, a PE ratio of 6.14 and a beta of 1.21. The firm has a 50-day simple moving average of C$0.89 and a 200-day simple moving average of C$1.05.

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.

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