Insider Selling: Alphamin Resources (CVE:AFM) Director Sells 1,630,200 Shares of Stock

Key Points

  • Alphamin Resources director Sean Norman Naylor sold 1,630,200 shares on June 2 at an average price of C$1.40, totaling about C$2.28 million. After the sale, he still held 2,000,000 shares, but his stake fell by 44.91%.
  • Naylor had also sold shares earlier in April, including 206,700 shares on April 22 and 101,000 shares on April 23, both at C$1.40 per share.
  • Alphamin Resources stock recently opened at C$1.43 and has traded between C$0.77 and C$1.59 over the past 52 weeks. The company produces and sells tin concentrates, with its main project at the Bisie tin mine in the Democratic Republic of Congo.

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

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 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 Price Performance

Alphamin Resources stock opened at C$1.43 on Friday. The company has a market cap of C$1.84 billion, a price-to-earnings ratio of 9.76 and a beta of 0.80. The firm's fifty day moving average is C$1.32 and its 200 day moving average is C$1.27. The company has a quick ratio of 2.03, a current ratio of 2.31 and a debt-to-equity ratio of 11.57. Alphamin Resources Corp. has a 52-week low of C$0.77 and a 52-week high of C$1.59.

About Alphamin Resources

(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.

See Also

Insider Buying and Selling by Quarter for Alphamin Resources (CVE:AFM)

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