TD Securities reaffirmed their speculative buy rating on shares of Belo Sun Mining Corp (TSE:BSX) in a report published on Friday. They currently have a C$1.55 target price on the stock.

Several other analysts have also recently commented on the company. Dundee Securities set a C$1.25 price target on Belo Sun Mining Corp in a report on Thursday, August 18th. National Bank Financial reissued an outperform rating and issued a C$1.10 price target on shares of Belo Sun Mining Corp in a report on Thursday, July 28th. Finally, Scotiabank reissued an outperform rating and issued a C$1.25 price target on shares of Belo Sun Mining Corp in a report on Thursday, July 28th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Belo Sun Mining Corp currently has an average rating of Buy and a consensus target price of C$1.05.

Belo Sun Mining Corp (TSE:BSX) opened at 0.69 on Friday. The firm’s market capitalization is $320.62 million. Belo Sun Mining Corp has a 52-week low of $0.22 and a 52-week high of $1.10. The company’s 50-day moving average is $0.94 and its 200-day moving average is $0.92.

About Belo Sun Mining Corp

Belo Sun Mining Corp. is a Canada-based mineral exploration and development company. The Company is focused on its advanced-stage development project, the Volta Grande Project, which is located in Para State, approximately 60 kilometers southeast of the city of Altamira in northern Brazil. The project comprises approximately 20 exploration permits, covering an area of over 103,350 hectares (ha); approximately four mining concession applications covering an area of over 2,360 ha; approximately 10 exploration applications for exploration in mineral rights covering an area of over 23,210 ha, and approximately eight exploration applications for exploration in mineral rights in public tender, covering an area of over 31,660 ha.

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