Alphamin Resources (CVE:AFM) Trading Down 4.5%

Shares of Alphamin Resources Corp (CVE:AFM) fell 4.5% during trading on Wednesday . The stock traded as low as C$0.21 and last traded at C$0.21, 60,000 shares were traded during mid-day trading. A decline of 41% from the average session volume of 100,946 shares. The stock had previously closed at C$0.22.

The company has a quick ratio of 0.25, a current ratio of 0.59 and a debt-to-equity ratio of 54.09. The stock has a market capitalization of $190.53 million and a PE ratio of -210.00. The stock’s fifty day moving average price is C$0.23.

Alphamin Resources Company Profile (CVE:AFM)

Alphamin Resources Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in the Democratic Republic of the Congo. The company primarily explores for tin. It holds interest in the Bisie Tin project comprising five exploration permits and one mining/exploitation permit located in the Walikale Territory, Goma.

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