Belo Sun Mining (TSE:BSX) Trading Up 6.7%
Belo Sun Mining Corp (TSE:BSX)’s share price was up 6.7% on Monday . The company traded as high as C$0.80 and last traded at C$0.80, approximately 296,954 shares were traded during mid-day trading. A decline of 33% from the average daily volume of 444,469 shares. The stock had previously closed at C$0.75.
The firm has a market cap of $329.03 million and a P/E ratio of -50.00. The business’s 50-day moving average is C$0.77 and its two-hundred day moving average is C$0.56. The company has a debt-to-equity ratio of 0.11, a current ratio of 8.06 and a quick ratio of 6.85.
In other Belo Sun Mining news, Director Mark Price Eaton sold 200,000 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of C$0.75, for a total value of C$150,140.00. Following the completion of the sale, the director now owns 10,155,689 shares in the company, valued at C$7,623,875.73. Also, Senior Officer Joe Milbourne sold 56,408 shares of the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of C$0.84, for a total transaction of C$47,608.35. In the last ninety days, insiders sold 536,608 shares of company stock valued at $417,699.
Belo Sun Mining Corp., through its subsidiaries, operates as a gold exploration and development company in Brazil. Its flagship project includes the Volta Grande Gold project consisting of 4 submitted mine concessions, 55 exploration permits, 17 submitted exploration permit extensions, and 5 exploration applications covering a total area of 175,856 hectares located in the northern region of Pará State, Brazil.
See Also: Cash Flow Analysis in Stock Selection
Receive News & Ratings for Belo Sun Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Belo Sun Mining and related companies with MarketBeat.com's FREE daily email newsletter.