Belo Sun Mining (TSE:BSX) Trading Up 23.9% – Here’s What Happened

Shares of Belo Sun Mining Corp (TSE:BSXGet Free Report) rose 23.9% during trading on Monday . The company traded as high as C$1.15 and last traded at C$1.14. 711,404 shares traded hands during trading, a decline of 17% from the average daily volume of 854,557 shares. The stock had previously closed at C$0.92.

Belo Sun Mining Stock Up 21.7%

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 firm has a market capitalization of C$636.15 million, a PE ratio of -56.00, a price-to-earnings-growth ratio of -0.33 and a beta of 2.08. The firm has a 50-day moving average of C$1.08 and a two-hundred day moving average of C$1.08.

Belo Sun Mining (TSE:BSXGet Free Report) last issued its earnings results on Wednesday, May 6th. The company reported C($0.01) earnings per share for the quarter. On average, equities research analysts forecast that Belo Sun Mining Corp will post -0.01 EPS for the current year.

Belo Sun Mining Company Profile

(Get Free Report)

Belo Sun is a Canadian-based mining company with a portfolio of gold-focused properties in Brazil. The Company is currently focused on the development of the Volta Grande Gold Project. Belo Sun trades on the Toronto Stock Exchange under the symbol ‘BSX’ and on the OTCQX under the symbol ‘BSXGF’. For more information, please visit www.belosun.com or contact Investor Relations at [email protected] or 1-888-516-4171.

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