Alphamin Resources Corp. (CVE:AFM – Get Free Report) was down 17.5% during mid-day trading on Monday . The stock traded as low as C$0.45 and last traded at C$0.47. Approximately 3,340,728 shares changed hands during mid-day trading, an increase of 187% from the average daily volume of 1,162,866 shares. The stock had previously closed at C$0.57.
Alphamin Resources Stock Performance
The company has a market cap of C$417.35 million, a PE ratio of 5.71 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. The firm’s 50 day moving average is C$0.90 and its 200-day moving average is C$1.05.
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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