Belo Sun Mining (TSE:BSX) Insider Sells C$78,000.00 in Stock

Belo Sun Mining Corp (TSE:BSX) insider Kenny Choi sold 50,000 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of C$1.56, for a total transaction of C$78,000.00. Following the completion of the transaction, the insider owned 50,000 shares in the company, valued at approximately C$78,000. This represents a 50.00% decrease in their ownership of the stock.

Belo Sun Mining Trading Down 0.6%

Shares of BSX stock traded down C$0.01 on Friday, hitting C$1.56. The stock had a trading volume of 1,332,615 shares, compared to its average volume of 829,078. The company’s 50 day moving average price is C$1.09 and its 200-day moving average price is C$1.15. Belo Sun Mining Corp has a 1 year low of C$0.23 and a 1 year high of C$1.66. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.52 and a quick ratio of 13.04. The firm has a market capitalization of C$886.06 million, a P/E ratio of -78.00, a P/E/G ratio of -0.33 and a beta of 2.11.

Belo Sun Mining (TSE:BSX) last released its earnings results on Wednesday, August 12th. The company reported C($0.01) earnings per share for the quarter. Analysts anticipate that Belo Sun Mining Corp will post -0.01 earnings per share for the current year.

About Belo Sun Mining

Belo Sun is a Canadian-based mining company with a portfolio of gold-focused properties in Brazil. The Company is currently focused on the development of the Volta Grande Gold Project. Belo Sun trades on the Toronto Stock Exchange under the symbol ‘BSX’ and on the OTCQX under the symbol ‘BSXGF’. For more information, please visit www.belosun.com or contact Investor Relations at [email protected] or 1-888-516-4171.