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Insider Buying: Belo Sun Mining (TSE:BSX) Insider Purchases 208,000 Shares of Stock

Belo Sun Mining logo with Basic Materials background

Key Points

  • Belo Sun Mining insider, La Mancha Investments S.À R.L., purchased a total of 208,000 shares on October 7th at an average price of C$0.30 per share, increasing their total holdings to 87,034,307 shares.
  • The recent trading activity includes multiple purchases, totaling over C$400,000 across different transactions in the first week of October.
  • Belo Sun Mining stock is currently trading at C$0.30, with a 12-month low of C$0.04 and a high of C$0.38, reflecting a market capitalization of C$141.24 million.
  • Interested in Belo Sun Mining? Here are five stocks we like better.

Belo Sun Mining Corp (TSE:BSX - Get Free Report) insider La Mancha Investments S.Ï¿½ R.L. bought 208,000 shares of the company's stock in a transaction dated Tuesday, October 7th. The stock was purchased at an average cost of C$0.30 per share, for a total transaction of C$62,400.00. Following the completion of the acquisition, the insider owned 87,034,307 shares in the company, valued at C$26,110,292.10. This trade represents a 0.24% increase in their position.

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. bought 435,000 shares of Belo Sun Mining stock. The stock was purchased at an average cost of C$0.30 per share, for a total transaction of C$130,500.00.
  • On Wednesday, October 8th, La Mancha Investments S.Ï¿½ R.L. bought 237,500 shares of Belo Sun Mining stock. The stock was purchased at an average cost of C$0.30 per share, for a total transaction of C$71,250.00.
  • 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, for a total transaction 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 stock was purchased at an average cost of C$0.30 per share, for a total transaction of C$102,300.00.

Belo Sun Mining Stock Performance

Shares of BSX stock traded down C$0.01 on Friday, reaching C$0.30. The stock had a trading volume of 245,069 shares, compared to its average volume of 265,229. Belo Sun Mining Corp has a 12 month low of C$0.04 and a 12 month high of C$0.38. The firm has a market capitalization of C$141.24 million, a price-to-earnings ratio of -15.00, a P/E/G ratio of -0.33 and a beta of 1.58. The firm's 50-day moving average is C$0.28 and its two-hundred day moving average is C$0.25. 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

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Belo Sun Mining (TSE:BSX)

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