Belo Sun Mining (TSE:BSX) Insider Kenny Choi Sells 50,000 Shares

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

Belo Sun Mining Price Performance

Shares of TSE:BSX traded down C$0.01 during trading on Friday, hitting C$1.56. 1,332,615 shares of the stock were exchanged, compared to its average volume of 829,078. The company has a fifty day moving average price of C$1.09 and a two-hundred day moving average price of C$1.15. The company has a market cap of C$886.06 million, a PE ratio of -78.00, a P/E/G ratio of -0.33 and a beta of 2.11. Belo Sun Mining Corp has a 12-month low of C$0.23 and a 12-month high of C$1.66. 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 (TSE:BSX) last posted its earnings results on Wednesday, August 12th. The company reported C($0.01) EPS for the quarter. On average, analysts forecast that Belo Sun Mining Corp will post -0.01 EPS 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.