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 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 transaction, the director directly owned 2,000,000 shares in the company, valued at approximately 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 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 shares were sold at an average price of C$1.40, for a total value of C$141,400.00.

Alphamin Resources Trading Down 4.9%

Shares of CVE:AFM opened at C$1.36 on Friday. The company has a market cap of C$1.75 billion, a P/E ratio of 9.28 and a beta of 0.73. The company has a debt-to-equity ratio of 11.57, a current ratio of 2.31 and a quick ratio of 2.03. Alphamin Resources Corp. has a 1 year low of C$0.77 and a 1 year high of C$1.59. The stock’s fifty day moving average price is C$1.33 and its 200-day moving average price is C$1.27.

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.