Valley Gold Master Fund L. Sun Acquires 65,832 Shares of Belo Sun Mining Corp (BSX) Stock
Belo Sun Mining Corp (TSE:BSX) insider Valley Gold Master Fund L. Sun bought 65,832 shares of the stock in a transaction dated Friday, October 20th. The shares were acquired at an average price of C$0.51 per share, with a total value of C$33,574.32.
Shares of Belo Sun Mining Corp (TSE BSX) traded up 6.00% during trading on Tuesday, hitting $0.53. 67,950 shares of the stock traded hands. The firm has a 50 day moving average price of $0.57 and a 200-day moving average price of $0.62. The company’s market cap is $246.28 million. Belo Sun Mining Corp has a one year low of $0.49 and a one year high of $1.14.
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Separately, TD Securities lowered their target price on 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.
About Belo Sun Mining Corp
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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