Alphamin Resources (CVE:AFM) Shares Down 2.6%

Shares of Alphamin Resources Corp. (CVE:AFMGet Rating) traded down 2.6% on Thursday . The company traded as low as C$0.73 and last traded at C$0.75. 111,779 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 877,199 shares. The stock had previously closed at C$0.77.

Alphamin Resources Stock Performance

The company has a quick ratio of 2.03, a current ratio of 2.59 and a debt-to-equity ratio of 2.10. The business has a 50 day simple moving average of C$0.66 and a two-hundred day simple moving average of C$0.76. The firm has a market cap of C$941.74 million and a PE ratio of 6.42.

Alphamin Resources Company Profile

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Alphamin Resources Corp., together with its subsidiaries, engages in the extraction, production, and sale of tin concentrates in the Democratic Republic of the Congo. Its flagship property is the Mpama North Tin project that consists of five exploration licenses and one current mining license covering an area of 1,270 square kilometers located in the North Kivu Province of the Democratic Republic of Congo.

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