Alphamin Resources (CVE:AFM) Director Sells C$1,450,000.00 in Stock

Alphamin Resources Corp. (CVE:AFM) Director Sean Norman Naylor sold 1,000,000 shares of the firm’s stock in a transaction on Friday, June 19th. The stock was sold at an average price of C$1.45, for a total value of C$1,450,000.00. Following the completion of the sale, the director directly owned 1,000,000 shares of the company’s stock, valued at C$1,450,000. The trade was a 50.00% decrease in their position.

Sean Norman Naylor also recently made the following trade(s):

• On Tuesday, June 2nd, Sean Norman Naylor sold 1,630,200 shares of Alphamin Resources stock. The shares were sold at an average price of C$1.40, for a total transaction of C$2,282,280.00.
• On Wednesday, April 22nd, Sean Norman Naylor sold 206,700 shares of Alphamin Resources stock. The shares were sold at an average price of C$1.40, for a total transaction of C$289,380.00.
• On Thursday, April 23rd, Sean Norman Naylor sold 101,000 shares of Alphamin Resources stock. The shares were sold at an average price of C$1.40, for a total transaction of C$141,400.00.

Alphamin Resources Stock Down 4.0%

Shares of CVE AFM opened at C$1.43 on Thursday. The company has a current ratio of 2.31, a quick ratio of 2.02 and a debt-to-equity ratio of 11.57. Alphamin Resources Corp. has a 12 month low of C$0.81 and a 12 month high of C$1.59. The firm has a market capitalization of C$1.84 billion, a PE ratio of 9.76 and a beta of 0.73. The firm has a fifty day simple moving average of C$1.40 and a two-hundred day simple moving average of C$1.30.

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.