Key Points
- Alphamin Resources director Sean Norman Naylor sold 1,000,000 shares on June 19 at an average price of C$1.45, generating C$1.45 million in proceeds.
- The sale reduced Naylor’s stake by 50%, leaving him with 1,000,000 shares valued at about C$1.45 million.
- This was part of a broader pattern of insider selling, with Naylor also selling shares on June 2, April 22, and April 23 in separate transactions.
Alphamin Resources Corp. (CVE:AFM - Get Free Report) Director Sean Norman Naylor sold 1,000,000 shares of Alphamin Resources stock in a transaction that occurred on Friday, June 19th. The shares were sold at an average price of C$1.45, for a total transaction of C$1,450,000.00. Following the completion of the sale, the director owned 1,000,000 shares in the company, valued at C$1,450,000. This trade represents a 50.00% decrease in their ownership of the stock.
Sean Norman Naylor also recently made the following trade(s):
- On Tuesday, June 2nd, Sean Norman Naylor sold 1,630,200 shares of Alphamin Resources stock. The stock was sold at an average price of C$1.40, for a total transaction of C$2,282,280.00.
- On Wednesday, April 22nd, Sean Norman Naylor sold 206,700 shares of Alphamin Resources stock. The stock was 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$1.50 on Tuesday. The company has a current ratio of 2.31, a quick ratio of 2.02 and a debt-to-equity ratio of 11.57. Alphamin Resources Corp. has a 1-year low of C$0.80 and a 1-year high of C$1.59. The company has a fifty day simple moving average of C$1.39 and a 200 day simple moving average of C$1.30. The company has a market cap of C$1.93 billion, a P/E ratio of 10.24 and a beta of 0.73.
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.
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