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 company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of C$1.40, for a total value of C$2,282,280.00. Following the completion of the transaction, the director directly owned 2,000,000 shares of the company’s stock, valued at approximately C$2,800,000. This trade represents a 44.91% decrease in their position.

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 shares were 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

AFM traded up C$0.04 during trading on Thursday, reaching C$1.44. 697,305 shares of the company’s stock were exchanged, compared to its average volume of 1,412,917. The company has a market capitalization of C$1.84 billion, a P/E ratio of 9.80 and a beta of 0.80. 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 business has a 50 day moving average price of C$1.32 and a 200 day moving average price of C$1.26. Alphamin Resources Corp. has a fifty-two week low of C$0.77 and a fifty-two week 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.