Yousriya Loza Acquires 216,000 Shares of Belo Sun Mining (TSE:BSX) Stock

Key Points

• Yousriya Loza, an insider at Belo Sun Mining, has acquired a total of 216,000 shares of the company stock at an average cost of C$0.30 per share, increasing their total ownership to approximately C$26.38 million.
• Following these acquisitions, shares of Belo Sun Mining (TSE:BSX) surged 9.8%, reaching C$0.34 during trading with a market capitalization of C$157.71 million.
• Belo Sun Mining is engaged in gold exploration and development, operating primarily in Canada with properties in Brazil, notably including the Volta Grande Gold project.

Belo Sun Mining Corp (TSE:BSX - Get Free Report) insider Yousriya Loza bought 216,000 shares of Belo Sun Mining stock in a transaction on Friday, October 10th. The stock was acquired at an average cost of C$0.30 per share, with a total value of C$64,800.00. Following the acquisition, the insider owned 87,948,307 shares in the company, valued at approximately C$26,384,492.10. This represents a 0.25% increase in their position.

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

• On Monday, October 6th, Yousriya Loza purchased 435,000 shares of Belo Sun Mining stock. The shares were purchased at an average cost of C$0.30 per share, for a total transaction of C$130,500.00.
• On Tuesday, October 7th, Yousriya Loza bought 208,000 shares of Belo Sun Mining stock. The stock was bought at an average cost of C$0.30 per share, for a total transaction of C$62,400.00.
• On Wednesday, October 8th, Yousriya Loza purchased 237,500 shares of Belo Sun Mining stock. The stock was acquired at an average price of C$0.30 per share, with a total value of C$71,250.00.
• On Thursday, October 9th, Yousriya Loza acquired 119,500 shares of Belo Sun Mining stock. The shares were purchased at an average price of C$0.30 per share, with a total value of C$35,850.00.
• On Thursday, October 9th, Yousriya Loza purchased 341,000 shares of Belo Sun Mining stock. The stock was acquired at an average cost of C$0.30 per share, with a total value of C$102,300.00.

Belo Sun Mining Trading Up 9.8%

Shares of TSE:BSX traded up C$0.03 during trading on Tuesday, reaching C$0.34. The company's stock had a trading volume of 780,287 shares, compared to its average volume of 268,221. 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 12 month low of C$0.04 and a 12 month high of C$0.38. The firm's 50 day simple moving average is C$0.28 and its two-hundred day simple moving average is C$0.25. The stock has a market capitalization of C$157.71 million, a PE ratio of -16.75, a price-to-earnings-growth ratio of -0.33 and a beta of 1.58.

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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