Alphamin Resources Corp. (CVE:AFM - Get Free Report) shares shot up 6.6% during mid-day trading on Wednesday . The company traded as high as C$0.57 and last traded at C$0.57. Approximately 527,370 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 1,187,340 shares. The stock had previously closed at C$0.53.
Alphamin Resources Price Performance
The firm has a market cap of C$403.89 million, a PE ratio of 5.52 and a beta of 1.21. The firm has a 50-day simple moving average of C$0.84 and a 200 day simple moving average of C$1.04. 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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