Belo Sun Mining (TSE:BSX) Shares Up 48.2% – Still a Buy?

Belo Sun Mining Corp (TSE:BSX)’s stock price traded up 48.2% during mid-day trading on Tuesday . The company traded as high as C$0.95 and last traded at C$0.83. 3,728,474 shares changed hands during mid-day trading, an increase of 393% from the average session volume of 755,650 shares. The stock had previously closed at C$0.56.

Belo Sun Mining Trading Up 76.8%

The company has a debt-to-equity ratio of 0.01, a current ratio of 4.52 and a quick ratio of 13.04. The firm has a market cap of C$466.08 million, a price-to-earnings ratio of -49.50, a price-to-earnings-growth ratio of -0.33 and a beta of 1.32. The business’s 50-day moving average price is C$0.60 and its two-hundred day moving average price is C$0.42.

Belo Sun Mining Company Profile

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.