Belo Sun Mining (TSE:BSX) Insider Kenny Choi Sells 50,000 Shares

Belo Sun Mining Corp (TSE:BSX) insider Kenny Choi sold 50,000 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of C$1.56, for a total value of C$78,000.00. Following the completion of the sale, the insider directly owned 50,000 shares in the company, valued at approximately C$78,000. This represents a 50.00% decrease in their position.

Belo Sun Mining Stock Performance

Shares of TSE:BSX opened at C$1.56 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.52 and a quick ratio of 13.04. The business’s fifty day moving average price is C$1.09 and its two-hundred day moving average price is C$1.16. Belo Sun Mining Corp has a fifty-two week low of C$0.23 and a fifty-two week high of C$1.66. The stock has a market capitalization of C$886.45 million, a price-to-earnings ratio of -78.00, a price-to-earnings-growth ratio of -0.33 and a beta of 2.11.

Belo Sun Mining (TSE:BSX) last issued its quarterly earnings data on Wednesday, August 12th. The company reported C($0.01) earnings per share (EPS) for the quarter. As a group, analysts predict that Belo Sun Mining Corp will post -0.01 EPS for the current fiscal year.

About Belo Sun Mining

Belo Sun is a Canadian-based mining company with a portfolio of gold-focused properties in Brazil. The Company is currently focused on the development of the Volta Grande Gold Project. Belo Sun trades on the Toronto Stock Exchange under the symbol ‘BSX’ and on the OTCQX under the symbol ‘BSXGF’. For more information, please visit www.belosun.com or contact Investor Relations at [email protected] or 1-888-516-4171.