Belo Sun Mining (TSE:BSX) Hits New 52-Week High – Should You Buy?

Belo Sun Mining Corp (TSE:BSXGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$1.32 and last traded at C$1.30, with a volume of 337529 shares changing hands. The stock had previously closed at C$1.25.

Belo Sun Mining Stock Performance

The stock has a market cap of C$602.60 million, a price-to-earnings ratio of -64.00, a P/E/G ratio of -0.33 and a beta of 2.72. The firm’s 50-day moving average is C$0.80 and its two-hundred day moving average is C$0.52. The company has a current ratio of 4.52, a quick ratio of 13.04 and a debt-to-equity ratio of 0.01.

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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