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Alphamin Resources (CVE:AFM) Shares Up 28.3% - What's Next?

Alphamin Resources logo with Basic Materials background

Alphamin Resources Corp. (CVE:AFM - Get Free Report)'s stock price rose 28.3% during trading on Thursday . The company traded as high as C$0.83 and last traded at C$0.77. Approximately 3,758,238 shares were traded during trading, an increase of 179% from the average daily volume of 1,346,571 shares. The stock had previously closed at C$0.60.

Alphamin Resources Stock Performance

The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69. The firm has a market capitalization of C$744.95 million, a PE ratio of 10.18 and a beta of 1.21. The firm has a 50-day moving average price of C$0.69 and a 200 day moving average price of C$0.98.

About Alphamin Resources

(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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