Belo Sun Mining Corp (TSE:BSX - Get Free Report)'s stock price was up 14.9% during mid-day trading on Monday . The company traded as high as C$0.28 and last traded at C$0.27. Approximately 666,048 shares changed hands during trading, a decline of 7% from the average daily volume of 717,692 shares. The stock had previously closed at C$0.24.
Belo Sun Mining Stock Performance
The business has a 50-day moving average price of C$0.11 and a 200 day moving average price of C$0.07. The company has a debt-to-equity ratio of 0.01, a quick ratio of 13.04 and a current ratio of 4.52. The stock has a market capitalization of C$95.56 million, a P/E ratio of -10.50, a PEG ratio of -0.33 and a beta of 2.24.
Insider Buying and Selling
In other Belo Sun Mining news, insider La Mancha Capital Management GP acquired 256,230 shares of Belo Sun Mining stock in a transaction that occurred on Monday, January 27th. The stock was bought at an average price of C$0.21 per share, with a total value of C$54,628.24. Also, Director Mark Price Eaton sold 298,500 shares of the company's stock in a transaction on Thursday, January 30th. The stock was sold at an average price of C$0.25, for a total value of C$73,878.75. 3.08% of the stock is owned by insiders.
About Belo Sun Mining
(
Get Free Report)
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.
Recommended Stories
Before you consider Belo Sun Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Belo Sun Mining wasn't on the list.
While Belo Sun Mining currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.