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

Key Points

• La Mancha Investments S.à r.l. purchased a total of C$71,250.00 in Belo Sun Mining stock on October 8th, acquiring 237,500 shares at C$0.30 each.
• Following recent transactions, La Mancha now owns 87,271,807 shares of Belo Sun Mining, indicating a cumulative investment of approximately C$26.18 million.
• Belo Sun Mining's stock trades at C$0.30, with a market cap of C$141.24 million and a twelve-month price range between C$0.04 and C$0.38.

Belo Sun Mining Corp (TSE:BSX - Get Free Report) insider La Mancha Investments S.Ï¿½ R.L. purchased 237,500 shares of the business's stock in a transaction that occurred on Wednesday, October 8th. The stock was purchased at an average price of C$0.30 per share, for a total transaction of C$71,250.00. Following the completion of the transaction, the insider directly owned 87,271,807 shares in the company, valued at C$26,181,542.10. This trade represents a 0.27% increase in their ownership of the stock.

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

• On Monday, October 6th, La Mancha Investments S.Ï¿½ R.L. purchased 435,000 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$130,500.00.
• On Tuesday, October 7th, La Mancha Investments S.Ï¿½ R.L. purchased 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 Thursday, October 9th, La Mancha Investments S.Ï¿½ R.L. bought 119,500 shares of Belo Sun Mining stock. The stock was purchased 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 Investments S.Ï¿½ R.L. 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 Performance

Shares of BSX traded down C$0.01 during midday trading on Friday, reaching C$0.30. 245,069 shares of the stock were exchanged, compared to its average volume of 265,229. The company has a market cap of C$141.24 million, a P/E ratio of -15.00, a PEG ratio of -0.33 and a beta of 1.58. The stock'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 twelve month low of C$0.04 and a twelve month high of C$0.38. The company has a quick ratio of 13.04, a current ratio of 4.52 and a debt-to-equity ratio of 0.01.

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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