Alphamin Resources (CVE:AFM) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Posted by Trevor Kearing on Jul 31st, 2026

Alphamin Resources Corp. (CVE:AFM – Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$1.42 and traded as high as C$1.47. Alphamin Resources shares last traded at C$1.44, with a volume of 848,766 shares.

Alphamin Resources Stock Up 0.7%

The business’s 50 day moving average is C$1.42 and its 200-day moving average is C$1.35. The company has a debt-to-equity ratio of 11.57, a quick ratio of 2.02 and a current ratio of 2.31. The firm has a market capitalization of C$1.85 billion, a price-to-earnings ratio of 9.83 and a beta of 0.65.

Insider Buying and Selling at Alphamin Resources

In other Alphamin Resources news, Director Charles Denby Stockton Needham sold 200,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of C$1.44, for a total transaction of C$288,000.00. Following the completion of the sale, the director directly owned 1,499,214 shares in the company, valued at C$2,158,868.16. This represents a 11.77% decrease in their ownership of the stock. Also, Director Sean Norman Naylor sold 1,000,000 shares of the firm’s stock in a transaction dated Friday, June 19th. The shares were 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 in the company, valued at approximately C$1,450,000. This represents a 50.00% decrease in their ownership of the stock. Insiders sold 5,165,500 shares of company stock worth $7,393,500 over the last ninety days. Company insiders own 58.59% of the company’s stock.

Alphamin Resources Company Profile

(Get Free Report)

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.