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

Belo Sun Mining Corp (TSE:BSX) insider Kenny Choi sold 50,000 shares of the business’s stock in a transaction dated 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 transaction, 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 Trading Up 3.8%

BSX opened at C$1.62 on Tuesday. Belo Sun Mining Corp has a twelve month low of C$0.25 and a twelve month high of C$1.66. The company has a 50-day simple moving average of C$1.10 and a 200 day simple moving average of C$1.16. The company has a quick ratio of 13.04, a current ratio of 4.52 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of C$920.54 million, a price-to-earnings ratio of -81.00, a P/E/G ratio of -0.33 and a beta of 2.11.

Belo Sun Mining (TSE:BSX) last announced its quarterly earnings data on Wednesday, August 12th. The company reported C($0.01) earnings per share (EPS) for the quarter. Analysts predict that Belo Sun Mining Corp will post -0.01 EPS for the current fiscal 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.