Belo Sun Mining (TSE:BSX) Shares Up 76.8% – Should You Buy?

Belo Sun Mining Corp (TSE:BSX)’s stock price traded up 76.8% during trading on Tuesday . The company traded as high as C$1.05 and last traded at C$0.99. 7,566,826 shares were traded during 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 Performance

The firm has a market capitalization 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 firm’s 50-day moving average price is C$0.61 and its two-hundred day moving average price is C$0.42. The company has a debt-to-equity ratio of 0.01, a quick ratio of 13.04 and a current ratio of 4.52.

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.