La Mancha Capital Management GP Purchases 229,000 Shares of Belo Sun Mining Corp (TSE:BSX) Stock

Belo Sun Mining Corp (TSE:BSX) insider La Mancha Capital Management GP bought 229,000 shares of the business’s stock in a transaction dated Wednesday, April 2nd. The shares were purchased at an average price of C$0.18 per share, for a total transaction of C$41,220.00.

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

• On Wednesday, March 5th, La Mancha Capital Management GP purchased 5,000 shares of Belo Sun Mining stock. The shares were purchased at an average price of C$0.15 per share, for a total transaction of C$750.00.
• On Monday, January 27th, La Mancha Capital Management GP acquired 256,230 shares of Belo Sun Mining stock. The stock was purchased at an average cost of C$0.21 per share, with a total value of C$54,628.24.

Belo Sun Mining Stock Performance

Shares of Belo Sun Mining stock opened at C$0.18 on Friday. The stock has a market capitalization of C$81.91 million, a price-to-earnings ratio of -9.00, a PEG ratio of -0.33 and a beta of 2.24. The firm’s fifty day simple moving average is C$0.20 and its 200-day simple moving average is C$0.11. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.52 and a quick ratio of 13.04. Belo Sun Mining Corp has a 12 month low of C$0.04 and a 12 month high of C$0.30.

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.