Belo Sun Mining (TSE:BSX) Releases Quarterly Earnings Results

Belo Sun Mining (TSE:BSX) issued its quarterly earnings data on Monday. The company reported C($0.01) earnings per share (EPS) for the quarter, FiscalAI reports.

Belo Sun Mining Stock Performance

Shares of BSX opened at C$1.20 on Tuesday. Belo Sun Mining has a 1 year low of C$0.17 and a 1 year high of C$1.45. The company’s 50 day simple moving average is C$0.98 and its 200 day simple moving average is C$0.62. The company has a market capitalization of C$680.32 million, a price-to-earnings ratio of -60.00, a PEG ratio of -0.33 and a beta of 2.72. The company has a debt-to-equity ratio of 0.01, a quick ratio of 13.04 and a current ratio of 4.52.

Wall Street Analyst Weigh In

Separately, Paradigm Capital set a C$5.50 price objective on Belo Sun Mining and gave the company a “speculative buy” rating in a research note on Tuesday, March 17th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$5.50.

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.