Belo Sun Mining (TSE:BSX) Trading Down 1.7% – Should You Sell?

Belo Sun Mining Corp (TSE:BSXGet Free Report)’s stock price dropped 1.7% on Friday . The company traded as low as C$0.59 and last traded at C$0.59. Approximately 1,196,790 shares traded hands during mid-day trading, an increase of 51% from the average daily volume of 791,999 shares. The stock had previously closed at C$0.60.

Belo Sun Mining Stock Performance

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 stock has a fifty day simple moving average of C$0.59 and a 200-day simple moving average of C$0.40. The company has a market capitalization of C$277.76 million, a P/E ratio of -29.50, a PEG ratio of -0.33 and a beta of 1.32.

Belo Sun Mining (TSE:BSXGet Free Report) last posted its earnings results on Thursday, November 6th. The company reported C$0.00 earnings per share for the quarter. Equities analysts forecast that Belo Sun Mining Corp will post -0.01 EPS for the current year.

About Belo Sun Mining

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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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