Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price fell 13.2% on Monday . The company traded as low as C$0.49 and last traded at C$0.50. 688,928 shares traded hands during trading, a decline of 38% from the average session volume of 1,112,610 shares. The stock had previously closed at C$0.57.
Alphamin Resources Stock Performance
The company has a market capitalization of C$457.74 million, a P/E ratio of 6.26 and a beta of 1.21. The business has a 50 day moving average of C$0.90 and a 200 day moving average of C$1.05. The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69.
About Alphamin Resources
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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