Alphamin Resources Corp. (CVE:AFM – Get Free Report) dropped 38.7% during trading on Thursday . The stock traded as low as C$0.43 and last traded at C$0.46. Approximately 8,475,948 shares were traded during trading, an increase of 735% from the average daily volume of 1,014,783 shares. The stock had previously closed at C$0.75.
Alphamin Resources Stock Performance
The stock has a market capitalization of C$412.87 million, a P/E ratio of 5.64 and a beta of 1.21. The stock has a 50 day simple moving average of C$0.92 and a two-hundred day simple moving average of C$1.06. The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69.
Alphamin Resources Company Profile
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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