Insider Buying: Belo Sun Mining Corp (TSE:BSX) Insider Acquires 256,230 Shares of Stock

Belo Sun Mining Corp (TSE:BSX) insider La Mancha Capital Management GP bought 256,230 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The stock was acquired at an average price of C$0.21 per share, for a total transaction of C$54,628.24.

Belo Sun Mining Stock Up 24.3 %

BSX opened at C$0.23 on Wednesday. The company has a current ratio of 4.52, a quick ratio of 13.04 and a debt-to-equity ratio of 0.01. Belo Sun Mining Corp has a 12 month low of C$0.04 and a 12 month high of C$0.30. The company has a market cap of C$104.66 million, a P/E ratio of -11.50, a P/E/G ratio of -0.33 and a beta of 2.24. The business’s 50-day moving average price is C$0.07 and its 200-day moving average price is C$0.06.

About Belo Sun Mining

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.