Alphamin Resources (CVE:AFM) Director John Mackinnon Robertson Sells 345,400 Shares

Alphamin Resources Corp. (CVE:AFM) Director John Mackinnon Robertson sold 345,400 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of C$1.45, for a total value of C$500,830.00.

John Mackinnon Robertson also recently made the following trade(s):

• On Monday, May 11th, John Mackinnon Robertson sold 202,500 shares of Alphamin Resources stock. The shares were sold at an average price of C$1.43, for a total value of C$289,575.00.
• On Monday, May 11th, John Mackinnon Robertson sold 452,100 shares of Alphamin Resources stock. The shares were sold at an average price of C$1.44, for a total value of C$651,024.00.
• On Monday, May 11th, John Mackinnon Robertson sold 439,300 shares of Alphamin Resources stock. The shares were sold at an average price of C$1.41, for a total value of C$619,413.00.

Alphamin Resources Stock Performance

Shares of AFM opened at C$1.49 on Thursday. The stock has a 50 day moving average price of C$1.27 and a 200 day moving average price of C$1.23. The company has a quick ratio of 2.03, a current ratio of 2.31 and a debt-to-equity ratio of 11.57. The company has a market capitalization of C$1.91 billion, a price-to-earnings ratio of 10.17 and a beta of 0.80. Alphamin Resources Corp. has a 52-week low of C$0.77 and a 52-week high of C$1.59.

Alphamin Resources News Summary

Here are the key news stories impacting Alphamin Resources this week:

• Negative Sentiment: Director John Mackinnon Robertson sold more than 1.4 million shares across multiple trades on May 11-12 at prices between C$1.41 and C$1.45, signaling reduced insider ownership and possibly raising concern about near-term confidence. Alphamin Resources insider sales report
• Negative Sentiment: Director Charles Denby Stockton Needham also sold a large block of shares in several transactions, trimming his holdings by double-digit percentages, which adds to the negative tone around the stock. Alphamin Resources insider sales report
• Neutral Sentiment: The shares were sold in a relatively tight price range around C$1.43-C$1.48, suggesting the trading may reflect portfolio management or liquidity needs rather than an operational issue. Alphamin Resources insider sales report

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.