Alphamin Resources (CVE:AFM) Insider Sells C$593,560.00 in Stock

Alphamin Resources Corp. (CVE:AFM) insider Jac Van Heerden sold 390,500 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of C$1.52, for a total value of C$593,560.00.

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

• On Wednesday, September 9th, Jac Van Heerden sold 179,600 shares of Alphamin Resources stock. The shares were sold at an average price of C$1.50, for a total value of C$269,400.00.

Alphamin Resources Stock Up 5.2%

AFM traded up C$0.07 on Thursday, hitting C$1.42. The company had a trading volume of 439,002 shares, compared to its average volume of 1,263,431. The stock has a market capitalization of C$1.83 billion, a price-to-earnings ratio of 8.29 and a beta of 0.55. 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 stock has a fifty day moving average price of C$1.47 and a 200-day moving average price of C$1.39. Alphamin Resources Corp. has a 12-month low of C$0.91 and a 12-month 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.