Shares of Alphamin Resources Corp. (CVE:AFM - Get Free Report) fell 7.7% on Wednesday . The stock traded as low as C$0.83 and last traded at C$0.84. 1,604,431 shares were traded during mid-day 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 Stock Performance
The company has a 50-day moving average price of C$0.85 and a two-hundred day moving average price of C$0.90. 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 stock has a market capitalization of C$731.49 million, a P/E ratio of 10.00 and a beta of 1.21.
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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