Clovis Torres Junior Sells 120,000 Shares of Belo Sun Mining (TSE:BSX) Stock

Belo Sun Mining Corp (TSE:BSX) Director Clovis Torres Junior sold 120,000 shares of the stock in a transaction dated Monday, August 24th. The shares were sold at an average price of C$1.59, for a total value of C$190,800.00.

Belo Sun Mining Stock Down 2.4%

Shares of BSX stock opened at C$1.60 on Thursday. The stock’s 50 day simple moving average is C$1.12 and its 200 day simple moving average is C$1.18. Belo Sun Mining Corp has a twelve month low of C$0.25 and a twelve month high of C$1.66. The company has a debt-to-equity ratio of 0.01, a quick ratio of 13.04 and a current ratio of 4.52. The company has a market capitalization of C$909.18 million, a price-to-earnings ratio of -80.00, a PEG ratio of -0.33 and a beta of 2.11.

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