Belo Sun Mining Corp (BSX) PT Lowered to C$0.55
“Belo Sun Mining Corp” (TSE:BSX) had its price target decreased by investment analysts at TD Securities from C$1.15 to C$0.55 in a research note issued to investors on Thursday. The firm presently has a “hold” rating on the stock. TD Securities’ price objective points to a potential upside of 61.76% from the company’s previous close.
Shares of “Belo Sun Mining Corp” (TSE BSX) opened at C$0.34 on Thursday. “Belo Sun Mining Corp” has a one year low of C$0.31 and a one year high of C$1.14.
In related news, insider Valley Gold Master Fund L. Sun purchased 380,926 shares of “Belo Sun Mining Corp” stock in a transaction dated Thursday, November 30th. The shares were bought at an average cost of C$0.45 per share, for a total transaction of C$171,416.70.
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“Belo Sun Mining Corp” Company Profile
Belo Sun Mining Corp. operates as a gold exploration company in Brazil. Its flagship project includes the Volta Grande Gold project consisting of submitted 4 mine concessions, 48 exploration permits, 24 exploration permit extensions submitted, and 7 exploration applications covering a total area of 175,443 hectares located in the northern region of Pará State, Brazil.
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