La Mancha Capital Management Gp Purchases 435,000 Shares of Belo Sun Mining (TSE:BSX) Stock

Belo Sun Mining Corp (TSE:BSXGet Free Report) insider La Mancha Capital Management Gp acquired 435,000 shares of the business’s stock in a transaction dated Monday, October 6th. The shares were acquired at an average cost of C$0.30 per share, with a total value of C$130,500.00. Following the transaction, the insider owned 86,826,307 shares in the company, valued at approximately C$26,047,892.10. This trade represents a 0.50% increase in their ownership of the stock.

La Mancha Capital Management Gp also recently made the following trade(s):

  • On Tuesday, October 7th, La Mancha Capital Management Gp acquired 208,000 shares of Belo Sun Mining stock. The shares were acquired at an average cost of C$0.30 per share, with a total value of C$62,400.00.
  • On Wednesday, October 8th, La Mancha Capital Management Gp acquired 237,500 shares of Belo Sun Mining stock. The shares were acquired at an average cost of C$0.30 per share, with a total value of C$71,250.00.
  • On Thursday, October 9th, La Mancha Capital Management Gp acquired 119,500 shares of Belo Sun Mining stock. The shares were acquired at an average cost of C$0.30 per share, with a total value of C$35,850.00.
  • On Thursday, October 9th, La Mancha Capital Management Gp acquired 341,000 shares of Belo Sun Mining stock. The shares were acquired at an average cost of C$0.30 per share, with a total value of C$102,300.00.

Belo Sun Mining Trading Down 1.6%

Shares of BSX stock opened at C$0.31 on Friday. Belo Sun Mining Corp has a 1 year low of C$0.04 and a 1 year high of C$0.38. The firm has a fifty day moving average price of C$0.28 and a 200-day moving average price of C$0.25. 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 company has a market cap of C$143.59 million, a price-to-earnings ratio of -15.25, a PEG ratio of -0.33 and a beta of 1.58.

About Belo Sun Mining

(Get Free Report)

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.

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