Belo Sun Mining Corp (BSX) Insider Purchases C$151,413.50 in Stock
Belo Sun Mining Corp (TSE:BSX) insider Valley Gold Master Fund L. Sun acquired 302,827 shares of the company’s stock in a transaction dated Monday, October 23rd. The shares were bought at an average cost of C$0.50 per share, with a total value of C$151,413.50.
Belo Sun Mining Corp (TSE BSX) traded up 6.00% on Tuesday, hitting $0.53. 67,950 shares of the stock were exchanged. The company’s market cap is $246.28 million. The company’s 50-day moving average is $0.57 and its 200-day moving average is $0.62. Belo Sun Mining Corp has a 52 week low of $0.49 and a 52 week high of $1.14.
Separately, TD Securities dropped their price objective on shares of Belo Sun Mining Corp from C$1.45 to C$1.15 and set a “speculative buy” rating for the company in a research note on Wednesday, July 12th.
Belo Sun Mining Corp Company Profile
Belo Sun Mining Corp. operates as a gold exploration company in Brazil. Its flagship project includes the Volta Grande Gold project consisting of submitted 4 mine concessions, 48 exploration permits, 24 exploration permit extensions submitted, and 7 exploration applications covering a total area of 175,443 hectares located in the northern region of Pará State, Brazil.
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