Belo Sun Mining (TSE:BSX) Insider La Mancha Capital Management Gp Acquires 50,000 Shares

Belo Sun Mining Corp (TSE:BSX) insider La Mancha Capital Management Gp bought 50,000 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The shares were acquired at an average price of C$0.32 per share, for a total transaction of C$16,000.00. Following the completion of the transaction, the insider owned 88,203,807 shares in the company, valued at C$28,225,218.24. This represents a 0.06% increase in their position.

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

• On Wednesday, November 5th, La Mancha Capital Management Gp purchased 119,000 shares of Belo Sun Mining stock. The stock was bought at an average price of C$0.32 per share, for a total transaction of C$38,080.00.
• On Friday, October 10th, La Mancha Capital Management Gp purchased 216,000 shares of Belo Sun Mining stock. The shares were purchased at an average cost of C$0.30 per share, with a total value of C$64,800.00.
• On Monday, October 6th, La Mancha Capital Management Gp 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 Tuesday, October 7th, La Mancha Capital Management Gp acquired 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, La Mancha Capital Management Gp bought 237,500 shares of Belo Sun Mining stock. The shares were purchased at an average cost of C$0.30 per share, with a total value of C$71,250.00.
• On Thursday, October 9th, La Mancha Capital Management Gp purchased 119,500 shares of Belo Sun Mining stock. The shares were bought 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 Capital Management Gp purchased 341,000 shares of Belo Sun Mining stock. The shares were purchased at an average price of C$0.30 per share, for a total transaction of C$102,300.00.

Belo Sun Mining Price Performance

Shares of BSX stock remained flat at C$0.33 on Friday. 266,057 shares of the stock were exchanged, compared to its average volume of 273,938. The firm has a 50 day simple moving average of C$0.31 and a 200-day simple moving average of C$0.27. The firm has a market capitalization of C$155.36 million, a PE ratio of -16.50, a PEG ratio of -0.33 and a beta of 1.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.52 and a quick ratio of 13.04. Belo Sun Mining Corp has a 52-week low of C$0.04 and a 52-week high of C$0.38.

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.