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

Belo Sun Mining Corp (TSE:BSX - Get Free Report) insider Kenny Choi sold 50,000 shares of the 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 in the company, valued at C$78,000. The trade was a 50.00% decrease in their position.

Belo Sun Mining Stock Performance

Shares of Belo Sun Mining stock opened at C$1.56 on Monday. The stock's fifty day simple moving average is C$1.09 and its 200 day simple moving average is C$1.16. The company has a current ratio of 4.52, a quick ratio of 13.04 and a debt-to-equity ratio of 0.01. The company has a market capitalization of C$886.45 million, a PE ratio of -78.00, a PEG 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.

Belo Sun Mining (TSE:BSX - Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported C($0.01) earnings per share (EPS) for the quarter. On average, research analysts predict that Belo Sun Mining Corp will post -0.01 EPS for the current year.

About Belo Sun Mining

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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.

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