Belo Sun Mining (TSE:BSX) Insider La Mancha Capital Management Gp Acquires 119,000 Shares of Stock

Belo Sun Mining Corp (TSE:BSX) insider La Mancha Capital Management Gp purchased 119,000 shares of the business’s stock in a transaction dated Wednesday, November 5th. The shares were purchased at an average price of C$0.32 per share, with a total value of C$38,080.00. Following the acquisition, the insider directly owned 88,322,807 shares in the company, valued at approximately C$28,263,298.24. The trade was a 0.13% increase in their ownership of the stock.

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

• On Tuesday, November 4th, La Mancha Capital Management Gp acquired 50,000 shares of Belo Sun Mining stock. The stock was acquired at an average price of C$0.32 per share, for a total transaction of C$16,000.00.
• On Friday, October 10th, La Mancha Capital Management Gp acquired 216,000 shares of Belo Sun Mining stock. The stock was acquired at an average price of C$0.30 per share, with a total value of C$64,800.00.
• On Monday, October 6th, La Mancha Capital Management Gp bought 435,000 shares of Belo Sun Mining stock. The shares were acquired 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 bought 208,000 shares of Belo Sun Mining stock. The stock was acquired at an average price of C$0.30 per share, for a total transaction of C$62,400.00.
• On Wednesday, October 8th, La Mancha Capital Management Gp purchased 237,500 shares of Belo Sun Mining stock. The stock was acquired at an average cost of C$0.30 per share, for a total transaction 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 acquired 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 stock was bought at an average price of C$0.30 per share, for a total transaction of C$102,300.00.

Belo Sun Mining Stock Performance

TSE BSX opened at C$0.33 on Friday. The firm’s 50-day moving average is C$0.31 and its two-hundred day moving average is C$0.27. Belo Sun Mining Corp has a 12 month low of C$0.04 and a 12 month high of C$0.38. 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 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.