Insider Selling: Alphamin Resources (CVE:AFM) Director Sells 439,300 Shares of Stock

Alphamin Resources Corp. (CVE:AFM – Get Free Report) Director John Mackinnon Robertson sold 439,300 shares of Alphamin Resources stock in a transaction dated Monday, May 11th. The shares were sold at an average price of C$1.41, for a total value of C$619,413.00.

Alphamin Resources Stock Up 0.7%

Shares of CVE:AFM traded up C$0.01 during midday trading on Wednesday, reaching C$1.47. The company had a trading volume of 528,136 shares, compared to its average volume of 1,383,918. 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’s 50 day moving average price is C$1.27 and its 200 day moving average price is C$1.23. The stock has a market cap of C$1.89 billion, a PE ratio of 10.03 and a beta of 0.80. Alphamin Resources Corp. has a 1-year low of C$0.77 and a 1-year high of C$1.59.

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About Alphamin Resources

(Get Free Report)

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.

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