Alphamin Resources (CVE:AFM) Insider Jac Van Heerden Sells 390,500 Shares of Stock

Alphamin Resources Corp. (CVE:AFM) insider Jac Van Heerden sold 390,500 shares of the business’s stock in a transaction dated 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 transaction of C$269,400.00.

Alphamin Resources Stock Performance

Shares of Alphamin Resources stock traded up C$0.07 during midday trading 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 company has a fifty day simple moving average of C$1.47 and a 200 day simple moving average of C$1.39. The stock has a market cap of C$1.83 billion, a price-to-earnings ratio of 8.29 and a beta of 0.55. The company has a quick ratio of 2.02, a current ratio of 1.68 and a debt-to-equity ratio of 10.15. 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.