Belo Sun Mining (TSE:BSX) Trading 73.2% Higher – Here’s Why

Belo Sun Mining Corp (TSE:BSXGet Free Report)’s share price traded up 73.2% during mid-day trading on Tuesday . The company traded as high as C$0.97 and last traded at C$0.97. 6,081,951 shares changed hands during mid-day trading, an increase of 579% from the average session volume of 895,242 shares. The stock had previously closed at C$0.56.

Belo Sun Mining Price Performance

The stock has a market cap of C$508.45 million, a P/E ratio of -54.00, a price-to-earnings-growth ratio of -0.33 and a beta of 1.32. 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 business’s 50-day simple moving average is C$0.63 and its two-hundred day simple moving average is C$0.43.

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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