Belo Sun Mining Corp (TSE:BSX - Get Free Report)'s share price hit a new 52-week high on Thursday . The company traded as high as C$0.38 and last traded at C$0.36, with a volume of 301746 shares. The stock had previously closed at C$0.33.
Belo Sun Mining Trading Up 7.7%
The company's fifty day moving average is C$0.21 and its 200-day moving average is C$0.17. The company has a current ratio of 4.52, a quick ratio of 13.04 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of C$159.27 million, a P/E ratio of -17.50, a P/E/G ratio of -0.33 and a beta of 2.24.
Insiders Place Their Bets
In related news, insider La Mancha Capital Management GP acquired 186,000 shares of the business's stock in a transaction dated Thursday, June 12th. The stock was acquired at an average price of C$0.20 per share, with a total value of C$37,200.00. Also, insider Yousriya Loza-Sawiris acquired 836,500 shares of the firm's stock in a transaction dated Thursday, June 5th. The shares were purchased at an average cost of C$0.20 per share, for a total transaction of C$164,706.85. Insiders bought a total of 5,250,285 shares of company stock valued at $1,034,875 in the last quarter. Insiders own 3.08% of the company's stock.
About Belo Sun Mining
(
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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.
Further Reading
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