Alphamin Resources (CVE:AFM) Director Sells C$289,380.00 in Stock

Key Points

• Director Sean Norman Naylor sold a total of 307,700 shares over April 22–23 (206,700 on April 22 and 101,000 on April 23) at C$1.40 per share, totaling C$430,780.00.
• Following the April 22 transaction he held 3,951,000 shares valued at C$5,531,400, a 4.97% reduction in his ownership stake.
• Alphamin's stock was trading around C$1.37 midday with light volume (359,065 vs. average 1,483,836), a market cap of C$1.75 billion, and the company operates the Bisie tin mine in the DRC.

Alphamin Resources Corp. (CVE:AFM - Get Free Report) Director Sean Norman Naylor sold 206,700 shares of the business's stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of C$1.40, for a total transaction of C$289,380.00. Following the transaction, the director owned 3,951,000 shares of the company's stock, valued at C$5,531,400. This trade represents a 4.97% decrease in their ownership of the stock.

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

• 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 Performance

Shares of AFM remained flat at C$1.37 during mid-day trading on Friday. 359,065 shares of the stock were exchanged, compared to its average volume of 1,483,836. The business has a 50-day simple moving average of C$1.26 and a two-hundred day simple moving average of C$1.20. The firm has a market cap of C$1.75 billion, a P/E ratio of 11.93 and a beta of 0.90. The company has a current ratio of 2.31, a quick ratio of 2.03 and a debt-to-equity ratio of 11.57. Alphamin Resources Corp. has a 12-month low of C$0.77 and a 12-month high of C$1.59.

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.

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