Belo Sun Mining (TSE:BSX) Insider Acquires C$102,300.00 in Stock

Key Points

• Insider Yousriya Loza acquired a total of C$102,300 in Belo Sun Mining stock on October 9, increasing their ownership to approximately 87.7 million shares valued at C$26.3 million.
• The stock was purchased at an average price of C$0.30 per share, with prior acquisitions on October 6, 7, and 8 totaling an additional C$294,150.
• Belo Sun Mining Corp has a market capitalization of C$141.24 million and reported a P/E ratio of -15.00, indicating the company is currently not profitable.

Belo Sun Mining Corp (TSE:BSX - Get Free Report) insider Yousriya Loza acquired 341,000 shares of Belo Sun Mining stock in a transaction that occurred on Thursday, October 9th. The stock was acquired at an average cost of C$0.30 per share, for a total transaction of C$102,300.00. Following the completion of the purchase, the insider directly owned 87,732,307 shares of the company's stock, valued at C$26,319,692.10. This represents a 0.39% increase in their ownership of the stock.

Yousriya Loza also recently made the following trade(s):

• On Monday, October 6th, Yousriya Loza acquired 435,000 shares of Belo Sun Mining stock. The stock was acquired at an average cost of C$0.30 per share, for a total transaction of C$130,500.00.
• On Tuesday, October 7th, Yousriya Loza acquired 208,000 shares of Belo Sun Mining stock. The stock was acquired at an average cost of C$0.30 per share, for a total transaction of C$62,400.00.
• On Wednesday, October 8th, Yousriya Loza acquired 237,500 shares of Belo Sun Mining stock. The stock was acquired at an average cost of C$0.30 per share, for a total transaction of C$71,250.00.
• On Thursday, October 9th, Yousriya Loza acquired 119,500 shares of Belo Sun Mining stock. The stock was acquired at an average cost of C$0.30 per share, for a total transaction of C$35,850.00.

Belo Sun Mining Price Performance

TSE:BSX traded down C$0.01 during trading hours on Friday, hitting C$0.30. The company's stock had a trading volume of 245,069 shares, compared to its average volume of 265,229. 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 capitalization of C$141.24 million, a P/E ratio of -15.00, a PEG ratio of -0.33 and a beta of 1.58. Belo Sun Mining Corp has a twelve month low of C$0.04 and a twelve month high of C$0.38. The stock has a fifty day simple moving average of C$0.28 and a 200-day simple moving average of C$0.25.

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.

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