Alphamin Resources (CVE:AFM) Stock Price Down 18.4% – Here’s Why

Alphamin Resources Corp. (CVE:AFMGet Free Report)’s stock price traded down 18.4% during mid-day trading on Monday . The stock traded as low as C$0.45 and last traded at C$0.47. Approximately 3,372,228 shares traded hands during trading, an increase of 188% from the average session volume of 1,169,356 shares. The stock had previously closed at C$0.57.

Alphamin Resources Stock 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 cap of C$417.35 million, a PE ratio of 5.71 and a beta of 1.21. The business has a 50-day simple moving average of C$0.90 and a 200 day simple moving average of C$1.05.

About Alphamin Resources

(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.

Read More

Receive News & Ratings for Alphamin Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphamin Resources and related companies with MarketBeat.com's FREE daily email newsletter.