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Alphamin Resources (CVE:AFM) Shares Down 1.2% - Here's Why

Alphamin Resources logo with Basic Materials background

Alphamin Resources Corp. (CVE:AFM - Get Free Report) shares traded down 1.2% during mid-day trading on Wednesday . The stock traded as low as C$0.77 and last traded at C$0.83. 3,390,790 shares were traded during trading, an increase of 146% from the average session volume of 1,380,215 shares. The stock had previously closed at C$0.84.

Alphamin Resources Stock Performance

The stock has a fifty day moving average price of C$0.68 and a 200 day moving average price of C$0.96. The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69. The firm has a market cap of C$852.66 million, a price-to-earnings ratio of 11.66 and a beta of 1.21.

Alphamin Resources Company Profile

(Get Free Report)

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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