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

Alphamin Resources Corp. (CVE:AFM) Director Sean Norman Naylor sold 500,000 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were 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 stock was sold at an average price of C$1.40, for a total value of C$2,282,280.00.

Alphamin Resources Price Performance

CVE:AFM remained flat at C$1.50 on Wednesday. The company’s stock had a trading volume of 1,083,930 shares, compared to its average volume of 1,363,931. The company’s 50 day moving average price is C$1.45 and its two-hundred day moving average price is C$1.36. The company has a market cap of C$1.93 billion, a P/E ratio of 8.76 and a beta of 0.65. The company has a debt-to-equity ratio of 10.15, a quick ratio of 2.02 and a current ratio of 1.68. Alphamin Resources Corp. has a 1-year low of C$0.91 and a 1-year high of C$1.68.

Alphamin Resources Company Profile

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.