Belo Sun Mining (OTC:BSXGF) Stock Price Up 1% – Time to Buy?

Belo Sun Mining Corp (OTC:BSXGFGet Free Report)’s stock price rose 1% during trading on Thursday . The company traded as high as $0.5124 and last traded at $0.4850. Approximately 621,644 shares traded hands during trading, a decline of 3% from the average daily volume of 639,360 shares. The stock had previously closed at $0.48.

Belo Sun Mining Price Performance

The stock has a 50-day simple moving average of $0.39 and a two-hundred day simple moving average of $0.27.

About Belo Sun Mining

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Belo Sun Mining Corp., through its subsidiaries, operates as a gold exploration and development company in Brazil. The company’s primary project is the 100% owned Volta Grande Gold project consisting of 4 mining concession applications, 7 exploration permits, 62 exploration permits extension submitted, and 4 ratification submitted covering a total area of 155.032.61 hectares located in the northern region of Pará State, Brazil. It also holds 100% interest in the Rainbow Alexandrite Project located in the north of the city of Brasilia.

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