Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) rose 21.7% on Friday . The company traded as high as C$0.59 and last traded at C$0.56. Approximately 4,340,751 shares were traded during mid-day trading, an increase of 292% from the average daily volume of 1,108,720 shares. The stock had previously closed at C$0.46.
Alphamin Resources Stock Performance
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 stock’s fifty day moving average is C$0.90 and its two-hundred day moving average is C$1.05. The firm has a market cap of C$511.59 million, a price-to-earnings ratio of 6.99 and a beta of 1.21.
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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