Belo Sun Mining (TSE:BSX) Insider La Mancha Investments S.À R.L. Purchases 50,000 Shares

Belo Sun Mining Corp (TSE:BSX) insider La Mancha Investments S.À R.L. bought 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The stock was acquired at an average price of C$0.32 per share, for a total transaction of C$16,000.00. Following the transaction, the insider owned 88,203,807 shares in the company, valued at C$28,225,218.24. This trade represents a 0.06% increase in their ownership of the stock.

La Mancha Investments S.À R.L. also recently made the following trade(s):

• On Wednesday, November 5th, La Mancha Investments S.À R.L. purchased 119,000 shares of Belo Sun Mining stock. The stock was purchased at an average cost of C$0.32 per share, for a total transaction of C$38,080.00.

Belo Sun Mining Stock Performance

Shares of Belo Sun Mining stock remained flat at C$0.33 during midday trading on Friday. The company had a trading volume of 266,057 shares, compared to its average volume of 273,938. The company’s 50 day moving average is C$0.31 and its 200 day moving average is C$0.27. Belo Sun Mining Corp has a one year low of C$0.04 and a one year high of C$0.38. 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 company has a market capitalization of C$155.36 million, a P/E ratio of -16.50, a PEG ratio of -0.33 and a beta of 1.60.

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.