Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) traded down 7.7% during mid-day trading on Wednesday . The company traded as low as C$0.83 and last traded at C$0.84. 1,604,431 shares changed hands during trading, an increase of 28% from the average session volume of 1,253,112 shares. The stock had previously closed at C$0.91.
Alphamin Resources Price Performance
The firm has a market cap of C$731.49 million, a price-to-earnings ratio of 10.00 and a beta of 1.21. The company has a debt-to-equity ratio of 21.69, a quick ratio of 2.03 and a current ratio of 1.28. The business has a 50 day simple moving average of C$0.85 and a 200-day simple moving average of C$0.90.
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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