Alphamin Resources (CVE:AFM) Trading 9.1% Higher – Here’s What Happened

Shares of Alphamin Resources Corp. (CVE:AFMGet Free Report) were up 9.1% during trading on Friday . The stock traded as high as C$0.86 and last traded at C$0.84. Approximately 1,717,329 shares changed hands during trading, an increase of 27% from the average daily volume of 1,351,867 shares. The stock had previously closed at C$0.77.

Alphamin Resources Stock Down 2.4 %

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 company has a market cap of C$735.98 million, a P/E ratio of 10.06 and a beta of 1.21. The firm’s 50 day moving average price is C$0.69 and its two-hundred day moving average price is C$0.98.

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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