Alphamin Resources Corp. (CVE:AFM – Get Free Report) was down 18.4% during mid-day trading on Tuesday . The company traded as low as C$0.45 and last traded at C$0.47. Approximately 3,372,228 shares were traded during trading, an increase of 188% from the average daily volume of 1,171,460 shares. The stock had previously closed at C$0.57.
Alphamin Resources Stock Down 1.9 %
The company has a market capitalization of C$466.72 million, a price-to-earnings ratio of 6.38 and a beta of 1.21. The business’s 50-day moving average is C$0.86 and its 200-day moving average is C$1.04. The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69.
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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