Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) traded down 38.7% during trading on Thursday . The stock traded as low as C$0.43 and last traded at C$0.46. 9,804,708 shares changed hands during mid-day trading, an increase of 840% from the average session volume of 1,043,452 shares. The stock had previously closed at C$0.75.
Alphamin Resources Price Performance
The company has a fifty day moving average of C$0.91 and a 200 day moving average of C$1.06. The firm has a market capitalization of C$511.59 million, a P/E ratio of 6.99 and a beta of 1.21. The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03.
Alphamin Resources Company Profile
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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