Insider Buying: Belo Sun Mining Corp (TSE:BSX) Insider Purchases 79,000 Shares of Stock

Belo Sun Mining Corp (TSE:BSX) insider La Mancha Capital Management GP purchased 79,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 11th. The stock was bought at an average cost of C$0.20 per share, for a total transaction of C$15,800.00.

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

• On Thursday, June 12th, La Mancha Capital Management GP purchased 186,000 shares of Belo Sun Mining stock. The stock was bought at an average cost of C$0.20 per share, for a total transaction of C$37,200.00.
• On Tuesday, June 10th, La Mancha Capital Management GP purchased 253,500 shares of Belo Sun Mining stock. The stock was bought at an average cost of C$0.20 per share, for a total transaction of C$50,623.95.
• On Thursday, June 5th, La Mancha Capital Management GP purchased 836,500 shares of Belo Sun Mining stock. The stock was bought at an average cost of C$0.20 per share, for a total transaction of C$164,706.85.
• On Friday, May 30th, La Mancha Capital Management GP purchased 100,000 shares of Belo Sun Mining stock. The stock was bought at an average cost of C$0.20 per share, for a total transaction of C$20,000.00.
• On Tuesday, May 27th, La Mancha Capital Management GP purchased 43,000 shares of Belo Sun Mining stock. The stock was bought at an average cost of C$0.20 per share, for a total transaction of C$8,600.00.
• On Friday, May 16th, La Mancha Capital Management GP purchased 81,000 shares of Belo Sun Mining stock. The stock was bought at an average cost of C$0.20 per share, for a total transaction of C$15,795.00.
• On Friday, May 2nd, La Mancha Capital Management GP purchased 91,000 shares of Belo Sun Mining stock. The stock was bought at an average cost of C$0.20 per share, for a total transaction of C$18,145.40.
• On Monday, April 28th, La Mancha Capital Management GP bought 110,000 shares of Belo Sun Mining stock. The shares were acquired at an average cost of C$0.20 per share, for a total transaction of C$21,978.00.
• On Thursday, April 10th, La Mancha Capital Management GP bought 16,500 shares of Belo Sun Mining stock. The shares were acquired at an average cost of C$0.20 per share, for a total transaction of C$3,300.00.
• On Friday, April 4th, La Mancha Capital Management GP bought 66,785 shares of Belo Sun Mining stock. The shares were acquired at an average cost of C$0.18 per share, for a total transaction of C$12,054.69.

Belo Sun Mining Trading Down 2.4%

Shares of BSX opened at C$0.21 on Thursday. Belo Sun Mining Corp has a 52-week low of C$0.04 and a 52-week high of C$0.30. The company has a quick ratio of 13.04, a current ratio of 4.52 and a debt-to-equity ratio of 0.01. The firm’s fifty day moving average is C$0.21 and its two-hundred day moving average is C$0.17. The stock has a market cap of C$93.29 million, a PE ratio of -10.25, a price-to-earnings-growth ratio of -0.33 and a beta of 2.24.

Belo Sun Mining Company Profile

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.