Belo Sun Mining (TSE:BSX) Trading Up 76.8% – What’s Next?
by Doug Wharley · The Cerbat GemBelo Sun Mining Corp (TSE:BSX – Get Free Report)’s share price shot up 76.8% during trading on Wednesday . The stock traded as high as C$1.05 and last traded at C$0.99. 7,566,826 shares changed hands during mid-day trading, an increase of 700% from the average session volume of 945,504 shares. The stock had previously closed at C$0.56.
Belo Sun Mining Stock Up 7.4%
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 stock’s 50-day moving average price is C$0.65 and its 200-day moving average price is C$0.44. The stock has a market cap of C$546.11 million, a price-to-earnings ratio of -58.00, a P/E/G ratio of -0.33 and a beta of 1.32.
About Belo Sun Mining
Belo Sun Mining Corp is a Canada-based gold exploration and development company. It operates in Canada where its head office is located and in Brazil where its exploration and development properties are located. The company owns and operates the Volta Grande Gold project.