Belo Sun Mining Corp (TSE:BSX) Insider Purchases C$20,000.00 in Stock

Belo Sun Mining Corp (TSE:BSX - Get Free Report) insider La Mancha Capital Management GP bought 100,000 shares of the business's stock in a transaction that occurred on Friday, May 30th. The stock was purchased at an average price of C$0.20 per share, with a total value of C$20,000.00.

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

• On Tuesday, May 27th, La Mancha Capital Management GP bought 43,000 shares of Belo Sun Mining stock. The stock was acquired at an average cost of C$0.20 per share, for a total transaction of C$8,600.00.
• On Friday, May 16th, La Mancha Capital Management GP purchased 81,000 shares of Belo Sun Mining stock. The shares were acquired at an average price of C$0.20 per share, with a total value of C$15,795.00.
• On Friday, May 2nd, La Mancha Capital Management GP acquired 91,000 shares of Belo Sun Mining stock. The stock was bought at an average price of C$0.20 per share, for a total transaction of C$18,145.40.
• On Monday, April 28th, La Mancha Capital Management GP purchased 110,000 shares of Belo Sun Mining stock. The stock was bought at an average cost of C$0.20 per share, for a total transaction of C$21,978.00.
• On Thursday, April 10th, La Mancha Capital Management GP purchased 16,500 shares of Belo Sun Mining stock. The stock was bought at an average price of C$0.20 per share, for a total transaction of C$3,300.00.
• On Friday, April 4th, La Mancha Capital Management GP acquired 66,785 shares of Belo Sun Mining stock. The shares were purchased at an average cost of C$0.18 per share, for a total transaction of C$12,054.69.
• On Wednesday, April 2nd, La Mancha Capital Management GP bought 229,000 shares of Belo Sun Mining stock. The shares were acquired at an average price of C$0.18 per share, for a total transaction of C$41,220.00.
• On Wednesday, March 5th, La Mancha Capital Management GP purchased 5,000 shares of Belo Sun Mining stock. The stock was acquired at an average cost of C$0.15 per share, with a total value of C$750.00.

Belo Sun Mining Stock Performance

BSX remained flat at C$0.21 during midday trading on Wednesday. 84,000 shares of the company's stock traded hands, compared to its average volume of 315,633. Belo Sun Mining Corp has a 52-week low of C$0.04 and a 52-week high of C$0.30. The company has a market capitalization of C$95.56 million, a P/E ratio of -10.50, a PEG ratio of -0.33 and a beta of 2.24. 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 firm has a fifty day moving average price of C$0.21 and a 200-day moving average price of C$0.16.

About Belo Sun Mining

Belo Sun Mining Corp., through its subsidiaries, operates as a gold exploration and development company in Brazil. The company's primary project is the 100% owned Volta Grande Gold project consisting of 4 mining concession applications, 7 exploration permits, 62 exploration permits extension submitted, and 4 ratification submitted covering a total area of 155.032.61 hectares located in the northern region of Pará State, Brazil.