Insider Buying: Belo Sun Mining (TSE:BSX) Insider Buys C$130,500.00 in Stock

Belo Sun Mining Corp (TSE:BSX) insider La Mancha Investments S.Ï¿½ R.L. bought 435,000 shares of Belo Sun Mining stock in a transaction that occurred on Monday, October 6th. The stock was bought at an average price of C$0.30 per share, for a total transaction of C$130,500.00. Following the completion of the acquisition, the insider directly owned 86,826,307 shares of the company’s stock, valued at C$26,047,892.10. The trade was a 0.50% increase in their ownership of the stock.

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

• On Tuesday, October 7th, La Mancha Investments S.Ï¿½ R.L. bought 208,000 shares of Belo Sun Mining stock. The stock was bought at an average price of C$0.30 per share, for a total transaction of C$62,400.00.
• On Wednesday, October 8th, La Mancha Investments S.Ï¿½ R.L. bought 237,500 shares of Belo Sun Mining stock. The stock was bought 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. bought 119,500 shares of Belo Sun Mining stock. The stock was bought 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. bought 341,000 shares of Belo Sun Mining stock. The stock was bought at an average price of C$0.30 per share, for a total transaction of C$102,300.00.

Belo Sun Mining Stock Performance

Shares of BSX stock opened at C$0.31 on Monday. The business’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 one year low of C$0.04 and a one year high of C$0.38. The stock has a market capitalization of C$143.59 million, a PE ratio of -15.25, a PEG ratio of -0.33 and a beta of 1.58. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.52 and a quick ratio of 13.04.

Belo Sun Mining Company Profile

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.