Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) traded down 7.2% during trading on Friday . The company traded as low as C$0.45 and last traded at C$0.45. 1,237,578 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 1,207,295 shares. The stock had previously closed at C$0.49.
Alphamin Resources Stock Performance
The stock has a 50-day moving average of C$0.84 and a 200 day moving average of C$1.04. 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 stock has a market capitalization of C$403.89 million, a price-to-earnings ratio of 5.52 and a beta of 1.21.
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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