Shares of Alphamin Resources Corp. (CVE:AFM – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$1.21 and last traded at C$1.21, with a volume of 192007 shares changing hands. The stock had previously closed at C$1.17.
Alphamin Resources Trading Up 4.3 %
The company has a market capitalization of C$1.56 billion, a price-to-earnings ratio of 23.40 and a beta of 1.35. The company has a current ratio of 1.18, a quick ratio of 2.03 and a debt-to-equity ratio of 22.07. The firm has a 50-day moving average price of C$1.00 and a 200-day moving average price of C$0.91.
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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