La Mancha Capital Management Gp Acquires 216,000 Shares of Belo Sun Mining (TSE:BSX) Stock

Belo Sun Mining Corp (TSE:BSX) insider La Mancha Capital Management Gp acquired 216,000 shares of the company’s stock in a transaction on Friday, October 10th. The shares were bought at an average cost of C$0.30 per share, with a total value of C$64,800.00. Following the acquisition, the insider directly owned 87,948,307 shares in the company, valued at approximately C$26,384,492.10. The trade was a 0.25% increase in their ownership of the stock.

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

• On Monday, October 6th, La Mancha Capital Management Gp acquired 435,000 shares of Belo Sun Mining stock. The shares were bought at an average cost of C$0.30 per share, with a total value of C$130,500.00.
• On Tuesday, October 7th, La Mancha Capital Management Gp acquired 208,000 shares of Belo Sun Mining stock. The shares were bought at an average cost of C$0.30 per share, with a total value of C$62,400.00.
• On Wednesday, October 8th, La Mancha Capital Management Gp acquired 237,500 shares of Belo Sun Mining stock. The shares were bought 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 acquired 119,500 shares of Belo Sun Mining stock. The shares were bought at an average cost of C$0.30 per share, with a total value of C$35,850.00.
• On Thursday, October 9th, La Mancha Capital Management Gp acquired 341,000 shares of Belo Sun Mining stock. The shares were bought at an average cost of C$0.30 per share, with a total value of C$102,300.00.

Belo Sun Mining Stock Up 1.4%

BSX opened at C$0.36 on Thursday. The firm has a 50-day simple moving average of C$0.28 and a two-hundred day simple moving average of C$0.25. Belo Sun Mining Corp has a 52 week low of C$0.04 and a 52 week high of C$0.38. The company has a market capitalization of C$167.13 million, a PE ratio of -17.75, a price-to-earnings-growth ratio of -0.33 and a beta of 1.58. The company has a quick ratio of 13.04, a current ratio of 4.52 and a debt-to-equity ratio of 0.01.

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.