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Alphamin Resources (CVE:AFM) Trading Up 9.1% - Here's What Happened

Alphamin Resources logo with Basic Materials background

Alphamin Resources Corp. (CVE:AFM - Get Free Report)'s share price rose 9.1% during trading on Wednesday . The stock traded as high as C$0.61 and last traded at C$0.60. Approximately 1,233,465 shares were traded during trading, a decline of 6% from the average daily volume of 1,311,105 shares. The stock had previously closed at C$0.55.

Alphamin Resources Trading Up 3.0 %

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 firm has a market cap of C$758.42 million, a price-to-earnings ratio of 10.37 and a beta of 1.21. The company's 50-day moving average is C$0.69 and its 200-day moving average is 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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