Alphamin Resources Corp. (CVE:AFM – Get Free Report) traded down 7.2% during mid-day trading on Friday . The stock traded as low as C$0.45 and last traded at C$0.45. 1,237,578 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 1,207,295 shares. The stock had previously closed at C$0.49.
Alphamin Resources Stock Down 6.2 %
The firm’s 50-day simple moving average is C$0.85 and its 200-day simple moving average is C$1.04. The company has a market capitalization of C$408.38 million, a price-to-earnings ratio of 5.58 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.
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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