La Mancha Investments S.Ï¿½ R.L. Acquires 341,000 Shares of Belo Sun Mining (TSE:BSX) Stock

Key Points

• La Mancha Investments S.Ï¿½ R.L. has acquired a total of 341,000 shares of Belo Sun Mining at an average price of C$0.30 per share, increasing their ownership to 87,732,307 shares.
• Belo Sun Mining’s stock price has fluctuated between a 12-month low of C$0.04 and a high of C$0.38, currently trading at C$0.30.
• The company is primarily engaged in gold exploration and development, with notable operations in Canada and a key project located in Brazil.

Belo Sun Mining Corp (TSE:BSX - Get Free Report) insider La Mancha Investments S.Ï¿½ R.L. bought 341,000 shares of the stock in a transaction that occurred on Thursday, October 9th. The shares were bought at an average price of C$0.30 per share, for a total transaction of C$102,300.00. Following the completion of the transaction, 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 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 shares were bought at an average price of C$0.30 per share, for a total transaction of C$130,500.00.
• On Tuesday, October 7th, La Mancha Investments S.Ï¿½ R.L. bought 208,000 shares of Belo Sun Mining stock. The shares were bought at an average price of C$0.30 per share, for a total transaction of C$62,400.00.
• On Wednesday, October 8th, La Mancha Investments S.Ï¿½ R.L. acquired 237,500 shares of Belo Sun Mining stock. The stock was acquired at an average price 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. acquired 119,500 shares of Belo Sun Mining stock. The stock was acquired at an average price of C$0.30 per share, for a total transaction of C$35,850.00.

Belo Sun Mining Price Performance

Shares of Belo Sun Mining stock 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 business has a 50 day moving average price of C$0.28 and a two-hundred day moving average price of C$0.25. Belo Sun Mining Corp has a 12-month low of C$0.04 and a 12-month high of C$0.38. The company has a market cap of C$141.24 million, a PE ratio of -15.00, a PEG ratio of -0.33 and a beta of 1.58. The company has a debt-to-equity ratio of 0.01, a quick ratio of 13.04 and a current ratio of 4.52.

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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