Belo Sun Mining (TSE:BSX) Insider Buys C$71,250.00 in Stock

Belo Sun Mining Corp (TSE:BSX) insider La Mancha Investments S.Ï¿½ R.L. purchased 237,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 8th. The stock was bought at an average price of C$0.30 per share, for a total transaction of C$71,250.00. Following the transaction, the insider directly owned 87,271,807 shares of the company’s stock, valued at C$26,181,542.10. This trade represents a 0.27% increase in their position.

La Mancha Investments S.Ï¿½ R.L. also recently made the following trade(s):

• On Monday, October 6th, La Mancha Investments S.Ï¿½ R.L. acquired 435,000 shares of Belo Sun Mining stock. The shares were purchased at an average price of C$0.30 per share, for a total transaction of C$130,500.00.
• On Tuesday, October 7th, La Mancha Investments S.Ï¿½ R.L. acquired 208,000 shares of Belo Sun Mining stock. The shares were purchased at an average price of C$0.30 per share, for a total transaction of C$62,400.00.
• On Thursday, October 9th, La Mancha Investments S.Ï¿½ R.L. acquired 119,500 shares of Belo Sun Mining stock. The shares were purchased at an average price of C$0.30 per share, for a total transaction of C$35,850.00.
• On Thursday, October 9th, La Mancha Investments S.Ï¿½ R.L. purchased 341,000 shares of Belo Sun Mining stock. The shares were purchased at an average cost of C$0.30 per share, with a total value of C$102,300.00.

Belo Sun Mining Stock Performance

Shares of Belo Sun Mining stock opened at C$0.31 on Monday. Belo Sun Mining Corp has a 1-year low of C$0.04 and a 1-year high of C$0.38. The company has a market cap of C$143.59 million, a PE ratio of -15.25, a price-to-earnings-growth ratio of -0.33 and a beta of 1.58. The company has a current ratio of 4.52, a quick ratio of 13.04 and a debt-to-equity ratio of 0.01. The company has a 50 day moving average of C$0.28 and a 200-day moving average of C$0.25.

About Belo Sun Mining

Belo Sun Mining Corp is a Canada-based gold exploration and development company. It operates in Canada where its head office is located and in Brazil where its exploration and development properties are located. The company owns and operates the Volta Grande Gold project.