Insider Selling: Belo Sun Mining (TSE:BSX) Insider Sells 66,666 Shares of Stock

Belo Sun Mining Corp (TSE:BSX) insider Ian Pritchard sold 66,666 shares of the stock in a transaction on Monday, October 19th. The shares were sold at an average price of C$1.16, for a total transaction of C$77,332.56. Following the completion of the transaction, the insider directly owned 539,435 shares in the company, valued at C$625,744.60. This trade represents a 11.00% decrease in their ownership of the stock.

Belo Sun Mining Price Performance

BSX remained flat at C$1.16 on Monday. 233,759 shares of the company were exchanged, compared to its average volume of 778,849. Belo Sun Mining Corp has a 52-week low of C$0.29 and a 52-week high of C$1.66. The company has a market cap of C$659.15 million, a PE ratio of -58.00, a PEG ratio of -0.33 and a beta of 2.48. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.52 and a quick ratio of 13.04. The stock’s 50-day simple moving average is C$1.30 and its 200-day simple moving average is C$1.22.

Belo Sun Mining (TSE:BSX) last released its quarterly earnings data on Wednesday, August 12th. The company reported C($0.01) earnings per share (EPS) for the quarter. As a group, analysts expect that Belo Sun Mining Corp will post -0.01 earnings per share for the current fiscal year.

About Belo Sun Mining

Belo Sun is a Canadian-based mining company with a portfolio of gold-focused properties in Brazil. The Company is currently focused on the development of the Volta Grande Gold Project. Belo Sun trades on the Toronto Stock Exchange under the symbol ‘BSX’ and on the OTCQX under the symbol ‘BSXGF’. For more information, please visit www.belosun.com or contact Investor Relations at [email protected] or 1-888-516-4171.