Insider Buying: Belo Sun Mining (TSE:BSX) Insider Acquires 119,000 Shares of Stock

Belo Sun Mining Corp (TSE:BSX) insider Yousriya Loza purchased 119,000 shares of the stock in a transaction on Wednesday, November 5th. The stock was acquired at an average cost of C$0.32 per share, for a total transaction of C$38,080.00. Following the completion of the acquisition, the insider owned 88,322,807 shares of the company’s stock, valued at C$28,263,298.24. The trade was a 0.13% increase in their position.

Yousriya Loza also recently made the following trade(s):

• On Tuesday, November 4th, Yousriya Loza bought 50,000 shares of Belo Sun Mining stock. The shares were acquired at an average price of C$0.32 per share, for a total transaction of C$16,000.00.
• On Friday, October 10th, Yousriya Loza purchased 216,000 shares of Belo Sun Mining stock. The stock was bought at an average cost of C$0.30 per share, for a total transaction of C$64,800.00.
• On Monday, October 6th, Yousriya Loza acquired 435,000 shares of Belo Sun Mining stock. The shares were bought at an average price of C$0.30 per share, for a total transaction of C$130,500.00.
• On Tuesday, October 7th, Yousriya Loza acquired 208,000 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$62,400.00.
• On Wednesday, October 8th, Yousriya Loza bought 237,500 shares of Belo Sun Mining stock. The stock was bought at an average price of C$0.30 per share, with a total value of C$71,250.00.
• On Thursday, October 9th, Yousriya Loza acquired 119,500 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$35,850.00.
• On Thursday, October 9th, Yousriya Loza acquired 341,000 shares of Belo Sun Mining stock. The stock was purchased at an average cost of C$0.30 per share, for a total transaction of C$102,300.00.

Belo Sun Mining Price Performance

Shares of Belo Sun Mining stock remained flat at C$0.33 during trading hours on Friday. 266,057 shares of the stock traded hands, compared to its average volume of 273,938. The company’s fifty day moving average price is C$0.31 and its 200-day moving average price is C$0.27. Belo Sun Mining Corp has a fifty-two week low of C$0.04 and a fifty-two week high of C$0.38. The firm has a market cap of C$155.36 million, a P/E ratio of -16.50, a P/E/G ratio of -0.33 and a beta of 1.60. 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 Company Profile

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.