Alphamin Resources (CVE:AFM) Insider Jac Van Heerden Sells 179,600 Shares of Stock

Alphamin Resources Corp. (CVE:AFM) insider Jac Van Heerden sold 179,600 shares of the firm’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of C$1.50, for a total value of C$269,400.00.

Jac Van Heerden also recently made the following trade(s):

• On Tuesday, September 8th, Jac Van Heerden sold 390,500 shares of Alphamin Resources stock. The stock was sold at an average price of C$1.52, for a total transaction of C$593,560.00.

Alphamin Resources Trading Up 5.2%

CVE:AFM traded up C$0.07 during trading hours on Thursday, reaching C$1.42. The company’s stock had a trading volume of 439,002 shares, compared to its average volume of 1,263,431. The company has a debt-to-equity ratio of 10.15, a quick ratio of 2.02 and a current ratio of 1.68. The firm has a market capitalization of C$1.83 billion, a price-to-earnings ratio of 8.29 and a beta of 0.55. The firm has a 50-day simple moving average of C$1.47 and a 200-day simple moving average of C$1.39. Alphamin Resources Corp. has a 1 year low of C$0.91 and a 1 year high of C$1.68.

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.