Insider Buying: Belo Sun Mining Corp (TSE:BSX) Insider Acquires C$18,145.40 in Stock

Belo Sun Mining Corp (TSE:BSX) insider La Mancha Capital Management GP bought 91,000 shares of the company’s stock in a transaction that occurred on Friday, May 2nd. The shares were bought at an average price of C$0.20 per share, for a total transaction of C$18,145.40.

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

• On Monday, April 28th, La Mancha Capital Management GP purchased 110,000 shares of Belo Sun Mining stock. The shares were bought 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 acquired 16,500 shares of Belo Sun Mining stock. The stock was bought at an average cost of C$0.20 per share, with a total value 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 purchased at an average price of C$0.18 per share, for a total transaction of C$12,054.69.
• On Wednesday, April 2nd, La Mancha Capital Management GP acquired 229,000 shares of Belo Sun Mining stock. The stock was purchased at an average cost of C$0.18 per share, with a total value of C$41,220.00.
• On Wednesday, March 5th, La Mancha Capital Management GP bought 5,000 shares of Belo Sun Mining stock. The stock was purchased at an average cost of C$0.15 per share, for a total transaction of C$750.00.

Belo Sun Mining Stock Up 7.3 %

BSX opened at C$0.22 on Friday. The company has a current ratio of 4.52, a quick ratio of 13.04 and a debt-to-equity ratio of 0.01. The stock’s fifty day simple moving average is C$0.19 and its 200 day simple moving average is C$0.14. Belo Sun Mining Corp has a 1-year low of C$0.04 and a 1-year high of C$0.30. The stock has a market cap of C$100.11 million, a PE ratio of -11.00, a price-to-earnings-growth ratio of -0.33 and a beta of 2.24.

About Belo Sun Mining

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.