Belo Sun Mining (TSE:BSX) Trading 76.8% Higher – Here’s What Happened

Belo Sun Mining Corp (TSE:BSX)’s share price rose 76.8% during mid-day trading on Tuesday . The company traded as high as C$1.05 and last traded at C$0.99. Approximately 7,566,826 shares changed hands during trading, an increase of 700% from the average daily volume of 945,504 shares. The stock had previously closed at C$0.56.

Belo Sun Mining Stock Performance

The company has a market cap of C$466.08 million, a price-to-earnings ratio of -49.50, a P/E/G ratio of -0.33 and a beta of 1.32. 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 fifty day simple moving average of C$0.61 and a 200 day simple moving average of 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.