Sean Norman Naylor Sells 1,630,200 Shares of Alphamin Resources (CVE:AFM) Stock

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

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 stock was sold at an average price of C$1.40, for a total value of C$289,380.00.
• On Thursday, April 23rd, Sean Norman Naylor sold 101,000 shares of Alphamin Resources stock. The stock was sold at an average price of C$1.40, for a total value of C$141,400.00.

Alphamin Resources Stock Performance

Shares of AFM traded up C$0.04 during mid-day trading on Thursday, hitting C$1.44. The company’s stock had a trading volume of 697,305 shares, compared to its average volume of 1,412,917. The stock’s 50-day moving average is C$1.32 and its two-hundred day moving average is C$1.26. The firm has a market capitalization of C$1.84 billion, a PE ratio of 9.80 and a beta of 0.80. The company has a debt-to-equity ratio of 11.57, a quick ratio of 2.03 and a current ratio of 2.31. Alphamin Resources Corp. has a one year low of C$0.77 and a one year high of C$1.59.

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.