The stock of Alphamin Resources Corp. (CVE:AFM) is a huge mover today! The stock decreased 3.45% or $0.01 on September 13, hitting $0.28. About 191,000 shares traded hands or 223.25% up from the average. Alphamin Resources Corp. (CVE:AFM) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 8 months negative chart setup for the $106.41M company. It was reported on Sep, 13 by Barchart.com. We have $0.25 PT which if reached, will make CVE:AFM worth $11.71M less.
Alphamin Resources Corp. is engaged in the business of locating, acquiring, exploring and, if warranted, evaluating mineral properties. The company has a market cap of $106.41 million. The Company’s exploration efforts are focused on tin exploration, development and production in the Democratic Republic of the Congo. It currently has negative earnings. The Firm is in the process of conducting exploration activities on its resource properties.
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