Belo Sun Mining (TSE:BSX) Posts Quarterly Earnings Results

Belo Sun Mining (TSE:BSX) announced its quarterly earnings results on Wednesday. The company reported C($0.01) EPS for the quarter, FiscalAI reports.

Belo Sun Mining Price Performance

Shares of BSX opened at C$0.82 on Thursday. The firm has a market cap of C$465.95 million, a PE ratio of -41.00, a PEG ratio of -0.33 and a beta of 2.48. The firm’s 50 day moving average price is C$1.18 and its 200 day moving average price is C$1.14. The company has a debt-to-equity ratio of 0.01, a quick ratio of 13.04 and a current ratio of 4.52. Belo Sun Mining has a twelve month low of C$0.31 and a twelve month high of C$1.66.

Insiders Place Their Bets

In other news, insider Ian Pritchard sold 66,666 shares of the firm’s stock in a transaction on Monday, October 19th. The shares were sold at an average price of C$1.16, for a total transaction of C$77,332.56. Following the transaction, the insider owned 539,435 shares in the company, valued at approximately C$625,744.60. This trade represents a 11.00% decrease in their position. Also, Director Clovis Torres Junior sold 120,000 shares of Belo Sun Mining stock in a transaction on Monday, August 24th. The shares were sold at an average price of C$1.59, for a total transaction of C$190,800.00. Insiders sold 236,666 shares of company stock valued at $346,133 over the last ninety days. Corporate insiders own 3.08% of the company’s stock.

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.