Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) dropped 11% during trading on Wednesday . The stock traded as low as C$0.81 and last traded at C$0.81. Approximately 1,925,371 shares changed hands during trading, an increase of 53% from the average daily volume of 1,256,701 shares. The stock had previously closed at C$0.91.
Alphamin Resources Price Performance
The firm's fifty day simple moving average is C$0.85 and its 200-day simple moving average is C$0.90. The firm has a market capitalization of C$762.90 million, a PE ratio of 10.43 and a beta of 1.21. The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69.
Alphamin Resources Company Profile
(
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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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