Belo Sun Mining (TSE:BSX) Stock Price Up 76.8% – Time to Buy?

Belo Sun Mining Corp (TSE:BSXGet Free Report) shares traded up 76.8% on Wednesday . The company traded as high as C$1.05 and last traded at C$0.99. 7,566,826 shares were traded during mid-day trading, an increase of 700% from the average session volume of 945,504 shares. The stock had previously closed at C$0.56.

Belo Sun Mining Stock Up 7.4%

The company has a quick ratio of 13.04, a current ratio of 4.52 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of C$546.11 million, a PE ratio of -58.00, a price-to-earnings-growth ratio of -0.33 and a beta of 1.32. The business has a 50-day moving average price of C$0.65 and a 200-day moving average price of C$0.44.

Belo Sun Mining Company Profile

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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.

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