Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s share price fell 38.7% during trading on Friday . The company traded as low as C$0.43 and last traded at C$0.46. 9,804,708 shares changed hands during trading, an increase of 838% from the average session volume of 1,044,722 shares. The stock had previously closed at C$0.75.
Alphamin Resources Trading Up 23.9 %
The firm has a 50-day moving average of C$0.90 and a two-hundred day moving average of C$1.05. The firm has a market capitalization of C$511.59 million, a P/E ratio of 6.99 and a beta of 1.21. The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69.
About Alphamin Resources
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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