Alphamin Resources (CVE:AFM) Director Sells C$2,282,280.00 in Stock

Alphamin Resources Corp. (CVE:AFM) Director Sean Norman Naylor sold 1,630,200 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of C$1.40, for a total value of C$2,282,280.00. Following the completion of the transaction, the director directly owned 2,000,000 shares of the company’s stock, valued at approximately C$2,800,000. The trade was a 44.91% decrease in their ownership of the stock.

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

• 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 value of C$289,380.00.
• On Thursday, April 23rd, Sean Norman Naylor sold 101,000 shares of Alphamin Resources stock. The stock was sold at an average price of C$1.40, for a total value of C$141,400.00.

Alphamin Resources Stock Down 4.9%

AFM stock opened at C$1.36 on Friday. The company has a debt-to-equity ratio of 11.57, a current ratio of 2.31 and a quick ratio of 2.03. The stock has a market capitalization of C$1.75 billion, a P/E ratio of 9.28 and a beta of 0.73. The business has a 50-day moving average of C$1.33 and a 200-day moving average of C$1.27. Alphamin Resources Corp. has a fifty-two week low of C$0.77 and a fifty-two week high of C$1.59.

Alphamin Resources Company Profile

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.