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

Belo Sun Mining Corp (TSE:BSXGet Free Report)’s stock price shot up 76.8% during trading on Wednesday . The company traded as high as C$1.05 and last traded at C$0.99. 7,566,826 shares changed hands during 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 Performance

The stock has a fifty day moving average price of C$0.65 and a two-hundred day moving average price of C$0.44. The company has a market capitalization of C$546.11 million, a price-to-earnings ratio of -58.00, a PEG ratio of -0.33 and a beta of 1.32. The company has a quick ratio of 13.04, a current ratio of 4.52 and a debt-to-equity ratio of 0.01.

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.

Further Reading

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