Belo Sun Mining (TSE:BSX) Insider Buys C$71,250.00 in Stock

Key Points

• Insider Yousriya Loza purchased a total of C$71,250 worth of Belo Sun Mining stock on October 8th, buying 237,500 shares at an average cost of C$0.30 each, which increased their ownership stake by 0.27% to approximately C$26.2 million.
• Despite the insider buying activity, Belo Sun Mining's stock declined by 3.2% to C$0.30, with a market capitalization of C$141.24 million and a PE ratio of -15.00.
• Belo Sun Mining is a Canada-based gold exploration and development company, operating primarily in Brazil with its key asset being the Volta Grande Gold project.

Belo Sun Mining Corp (TSE:BSX - Get Free Report) insider Yousriya Loza bought 237,500 shares of the firm's stock in a transaction on Wednesday, October 8th. The shares were purchased at an average cost of C$0.30 per share, with a total value of C$71,250.00. Following the completion of the transaction, the insider owned 87,271,807 shares in the company, valued at C$26,181,542.10. This represents a 0.27% increase in their ownership of the stock.

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

• On Monday, October 6th, Yousriya Loza bought 435,000 shares of Belo Sun Mining stock. The shares were purchased at an average cost of C$0.30 per share, with a total value of C$130,500.00.
• On Tuesday, October 7th, Yousriya Loza bought 208,000 shares of Belo Sun Mining stock. The shares were purchased at an average cost of C$0.30 per share, with a total value of C$62,400.00.
• On Thursday, October 9th, Yousriya Loza bought 119,500 shares of Belo Sun Mining stock. The shares were purchased at an average cost of C$0.30 per share, with a total value of C$35,850.00.
• On Thursday, October 9th, Yousriya Loza bought 341,000 shares of Belo Sun Mining stock. The shares were purchased at an average cost of C$0.30 per share, with a total value of C$102,300.00.

Belo Sun Mining Stock Down 3.2%

Shares of BSX traded down C$0.01 during trading hours on Friday, hitting C$0.30. The company had a trading volume of 245,069 shares, compared to its average volume of 265,229. The company has a market capitalization of C$141.24 million, a PE ratio of -15.00, a price-to-earnings-growth ratio of -0.33 and a beta of 1.58. The company has a current ratio of 4.52, a quick ratio of 13.04 and a debt-to-equity ratio of 0.01. Belo Sun Mining Corp has a one year low of C$0.04 and a one year high of C$0.38. The company's fifty day moving average price is C$0.28 and its two-hundred day moving average price is C$0.25.

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.

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