Insider Buying: Belo Sun Mining Corp (TSE:BSX) Insider Purchases 81,000 Shares of Stock

Belo Sun Mining Corp (TSE:BSX) insider La Mancha Capital Management GP purchased 81,000 shares of the business’s stock in a transaction that occurred on Friday, May 16th. The stock was acquired at an average price of C$0.20 per share, with a total value of C$15,795.00.

La Mancha Capital Management GP also recently made the following trade(s):

• On Friday, May 2nd, La Mancha Capital Management GP acquired 91,000 shares of Belo Sun Mining stock. The stock was purchased at an average price of C$0.20 per share, for a total transaction of C$18,145.40.
• On Monday, April 28th, La Mancha Capital Management GP bought 110,000 shares of Belo Sun Mining stock. The shares were purchased at an average cost of C$0.20 per share, with a total value of C$21,978.00.
• On Thursday, April 10th, La Mancha Capital Management GP purchased 16,500 shares of Belo Sun Mining stock. The stock was acquired at an average cost of C$0.20 per share, for a total transaction of C$3,300.00.
• On Friday, April 4th, La Mancha Capital Management GP bought 66,785 shares of Belo Sun Mining stock. The shares were bought at an average price of C$0.18 per share, for a total transaction of C$12,054.69.
• On Wednesday, April 2nd, La Mancha Capital Management GP bought 229,000 shares of Belo Sun Mining stock. The shares were bought at an average price of C$0.18 per share, for a total transaction of C$41,220.00.
• On Wednesday, March 5th, La Mancha Capital Management GP bought 5,000 shares of Belo Sun Mining stock. The shares were bought at an average price of C$0.15 per share, for a total transaction of C$750.00.

Belo Sun Mining Price Performance

Shares of Belo Sun Mining stock traded up C$0.01 on Monday, hitting C$0.21. 101,500 shares of the company were exchanged, compared to its average volume of 347,491. The stock has a market capitalization of C$95.56 million, a price-to-earnings ratio of -10.50, a price-to-earnings-growth ratio of -0.33 and a beta of 2.24. Belo Sun Mining Corp has a 1-year low of C$0.04 and a 1-year high of C$0.30. The company has a quick ratio of 13.04, a current ratio of 4.52 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average price of C$0.20 and a 200 day moving average price of C$0.14.

Belo Sun Mining Company Profile

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.