La Mancha Capital Management GP Acquires 256,230 Shares of Belo Sun Mining Corp (TSE:BSX) Stock

Belo Sun Mining Corp (TSE:BSX - Get Free Report) insider La Mancha Capital Management GP purchased 256,230 shares of Belo Sun Mining stock in a transaction on Monday, January 27th. The shares were acquired at an average cost of C$0.21 per share, with a total value of C$54,628.24.

Belo Sun Mining Stock Performance

BSX traded up C$0.05 during midday trading on Tuesday, hitting C$0.23. 843,267 shares of the company were exchanged, compared to its average volume of 617,548. The company's 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.06. The firm has a market capitalization of C$104.66 million, a price-to-earnings ratio of -11.50, a price-to-earnings-growth ratio of -0.33 and a beta of 2.24. Belo Sun Mining Corp has a 1-year low of C$0.04 and a 1-year high of C$0.30. The company has a current ratio of 4.52, a quick ratio of 13.04 and a debt-to-equity ratio of 0.01.

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.