Belo Sun Mining (TSE:BSX) Insider La Mancha Investments S.Ï¿½ R.L. Purchases 208,000 Shares of Stock

Belo Sun Mining Corp (TSE:BSX) insider La Mancha Investments S.Ï¿½ R.L. purchased 208,000 shares of Belo Sun Mining stock in a transaction that occurred on Tuesday, October 7th. The shares were purchased at an average price of C$0.30 per share, for a total transaction of C$62,400.00. Following the transaction, the insider directly owned 87,034,307 shares in the company, valued at C$26,110,292.10. This represents a 0.24% 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. purchased 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 Wednesday, October 8th, La Mancha Investments S.Ï¿½ R.L. purchased 237,500 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$71,250.00.
• On Thursday, October 9th, La Mancha Investments S.Ï¿½ R.L. purchased 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 price of C$0.30 per share, for a total transaction of C$102,300.00.

Belo Sun Mining Stock Performance

TSE BSX opened at C$0.31 on Friday. 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 firm has a market capitalization of C$143.59 million, a price-to-earnings ratio of -15.25, a P/E/G ratio of -0.33 and a beta of 1.58. The firm’s 50 day simple moving average is C$0.28 and its 200 day simple moving average is C$0.25. Belo Sun Mining Corp has a 1 year low of C$0.04 and a 1 year high of C$0.38.

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.