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

Alphamin Resources Corp. (CVE:AFM) Director Sean Norman Naylor sold 206,700 shares of the company’s stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of C$1.40, for a total value of C$289,380.00. Following the completion of the sale, 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 value of C$141,400.00.

Alphamin Resources Price Performance

CVE AFM opened at C$1.35 on Monday. The stock has a market capitalization of C$1.73 billion, a P/E ratio of 11.76 and a beta of 0.90. Alphamin Resources Corp. has a 1 year low of C$0.77 and a 1 year high of C$1.59. The business’s fifty day moving average is C$1.27 and its two-hundred day moving average is C$1.21. The company has a debt-to-equity ratio of 11.57, a quick ratio of 2.03 and a current ratio of 2.31.

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.