Alphamin Resources (CVE:AFM) Director Sells 500,000 Shares of Stock

Key Points

  • Alphamin Resources director Sean Norman Naylor sold 500,000 shares on August 10 at an average price of C$1.60, generating proceeds of C$800,000.
  • Naylor has also sold 2.63 million shares in two earlier transactions, worth a combined C$3.73 million, since June 2.
  • Alphamin shares opened at C$1.52, with a market capitalization of approximately C$1.96 billion and a 52-week trading range of C$0.91 to C$1.68.

Alphamin Resources Corp. (CVE:AFM - Get Free Report) Director Sean Norman Naylor sold 500,000 shares of the firm's stock in a transaction dated Monday, August 10th. The stock was sold at an average price of C$1.60, for a total value of C$800,000.00.

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

  • On Friday, June 19th, Sean Norman Naylor sold 1,000,000 shares of Alphamin Resources stock. The shares were sold at an average price of C$1.45, for a total value of C$1,450,000.00.
  • On Tuesday, June 2nd, Sean Norman Naylor sold 1,630,200 shares of Alphamin Resources stock. The shares were sold at an average price of C$1.40, for a total transaction of C$2,282,280.00.

Alphamin Resources Price Performance

Shares of CVE:AFM opened at C$1.52 on Thursday. The company has a quick ratio of 2.02, a current ratio of 1.68 and a debt-to-equity ratio of 10.15. The stock has a market capitalization of C$1.96 billion, a PE ratio of 8.87 and a beta of 0.65. The firm's 50 day moving average price is C$1.45 and its 200-day moving average price is C$1.36. Alphamin Resources Corp. has a twelve month low of C$0.91 and a twelve month high of C$1.68.

Alphamin Resources Company Profile

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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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