Key Points
- Insider sale: Ian Pritchard sold 66,666 Belo Sun Mining shares at an average C$1.16 for total proceeds of approximately C$77,333, reducing his ownership by 11% to 539,435 shares.
- Stock metrics: BSX opened at C$1.16, with a market capitalization of about C$659 million and a one-year trading range of C$0.29 to C$1.66. Its 50-day and 200-day moving averages were C$1.30 and C$1.22, respectively.
- Company outlook: Belo Sun reported quarterly EPS of C$(0.01), while analysts expect a C$(0.01) loss per share for the current fiscal year. The company is focused on developing the Volta Grande Gold Project in Brazil.
Belo Sun Mining Corp (TSE:BSX - Get Free Report) insider Ian Pritchard sold 66,666 shares of the stock in a transaction that occurred on Monday, October 19th. The shares were sold at an average price of C$1.16, for a total transaction of C$77,332.56. Following the transaction, the insider owned 539,435 shares in the company, valued at C$625,744.60. The trade was a 11.00% decrease in their ownership of the stock.
Belo Sun Mining Stock Performance
BSX stock opened at C$1.16 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 13.04 and a current ratio of 4.52. Belo Sun Mining Corp has a one year low of C$0.29 and a one year high of C$1.66. The company's 50 day moving average price is C$1.30 and its two-hundred day moving average price is C$1.22. The company has a market capitalization of C$659.15 million, a PE ratio of -58.00, a price-to-earnings-growth ratio of -0.33 and a beta of 2.48.
Belo Sun Mining (TSE:BSX - Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported C($0.01) EPS for the quarter. As a group, analysts predict that Belo Sun Mining Corp will post -0.01 earnings per share for the current fiscal year.
Belo Sun Mining Company Profile
(
Get Free Report)
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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