Alphamin Resources (CVE:AFM) Director Sells C$441,000.00 in Stock

Alphamin Resources Corp. (CVE:AFM) Director Charles Denby Stockton Needham sold 300,000 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of C$1.47, for a total transaction of C$441,000.00. Following the transaction, the director owned 1,699,214 shares of the company’s stock, valued at C$2,497,844.58. This trade represents a 15.01% decrease in their ownership of the stock.

Charles Denby Stockton Needham also recently made the following trade(s):

• On Monday, May 11th, Charles Denby Stockton Needham sold 196,000 shares of Alphamin Resources stock. The stock was sold at an average price of C$1.47, for a total transaction of C$288,120.00.
• On Tuesday, May 12th, Charles Denby Stockton Needham sold 200,000 shares of Alphamin Resources stock. The stock was sold at an average price of C$1.44, for a total transaction of C$288,000.00.
• On Tuesday, May 12th, Charles Denby Stockton Needham sold 241,400 shares of Alphamin Resources stock. The stock was sold at an average price of C$1.45, for a total transaction of C$350,030.00.
• On Tuesday, May 12th, Charles Denby Stockton Needham sold 108,600 shares of Alphamin Resources stock. The stock was sold at an average price of C$1.48, for a total transaction of C$160,728.00.
• On Tuesday, May 12th, Charles Denby Stockton Needham sold 50,000 shares of Alphamin Resources stock. The shares were sold at an average price of C$1.45, for a total value of C$72,500.00.

Alphamin Resources Trading Up 0.7%

CVE AFM traded up C$0.01 on Wednesday, reaching C$1.47. The company had a trading volume of 528,136 shares, compared to its average volume of 1,383,918. The firm has a market cap of C$1.89 billion, a price-to-earnings ratio of 10.03 and a beta of 0.80. Alphamin Resources Corp. has a fifty-two week low of C$0.77 and a fifty-two week high of C$1.59. The business has a 50 day moving average of C$1.27 and a two-hundred day moving average of C$1.23. The company has a debt-to-equity ratio of 11.57, a current ratio of 2.31 and a quick ratio of 2.03.

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. in October 2008. Alphamin Resources Corp. was incorporated in 1981 and is headquartered in Grand Baie, Mauritius.