Insider Selling: Belo Sun Mining (TSE:BSX) Director Sells 120,000 Shares of Stock

Belo Sun Mining Corp (TSE:BSX) Director Clovis Torres Junior sold 120,000 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of C$1.59, for a total value of C$190,800.00.

Belo Sun Mining Price Performance

Belo Sun Mining stock remained flat at C$1.62 during mid-day trading on Tuesday. The company’s stock had a trading volume of 648,977 shares, compared to its average volume of 826,153. Belo Sun Mining Corp has a 52-week low of C$0.25 and a 52-week high of C$1.66. The company has a 50 day moving average price of C$1.10 and a 200 day moving average price of C$1.16. The company has a debt-to-equity ratio of 0.01, a quick ratio of 13.04 and a current ratio of 4.52. The firm has a market cap of C$920.54 million, a P/E ratio of -81.00, a PEG ratio of -0.33 and a beta of 2.11.

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

Belo Sun Mining Company Profile

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.