Belo Sun Mining (TSE:BSX) Shares Up 76.8% – What’s Next?

by · The Markets Daily

Shares of Belo Sun Mining Corp (TSE:BSX – Get Free Report) shot up 76.8% during mid-day trading on Wednesday . The company traded as high as C$1.05 and last traded at C$0.99. 7,566,826 shares were traded 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 market capitalization of C$546.11 million, a P/E ratio of -58.00, a PEG ratio of -0.33 and a beta of 1.32. The company has a 50 day moving average of C$0.65 and a 200-day moving average of C$0.44. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.52 and a quick ratio of 13.04.

Belo Sun Mining Company Profile

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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.

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