Alphamin Resources Corp. (CVE:AFM - Get Free Report)'s share price dropped 11% during mid-day trading on Wednesday . The stock traded as low as C$0.81 and last traded at C$0.81. Approximately 1,925,371 shares were traded 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 company has a fifty day moving average of C$0.85 and a 200-day moving average of C$0.90. The firm has a market cap of C$731.49 million, a P/E ratio of 10.00 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.
About Alphamin Resources
(
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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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