Belo Sun Mining (OTC:BSXGF) Trading Down 0.1% – Here’s Why

Belo Sun Mining Corp (OTC:BSXGFGet Free Report) dropped 0.1% on Thursday . The stock traded as low as $0.4221 and last traded at $0.4390. Approximately 332,718 shares traded hands during trading, a decline of 45% from the average daily volume of 609,518 shares. The stock had previously closed at $0.4394.

Belo Sun Mining Price Performance

The business has a fifty day simple moving average of $0.43 and a two-hundred day simple moving average of $0.30.

About Belo Sun Mining

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Belo Sun Mining Corp., through its subsidiaries, operates as a gold exploration and development company in Brazil. The company’s primary project is the 100% owned Volta Grande Gold project consisting of 4 mining concession applications, 7 exploration permits, 62 exploration permits extension submitted, and 4 ratification submitted covering a total area of 155.032.61 hectares located in the northern region of Pará State, Brazil. It also holds 100% interest in the Rainbow Alexandrite Project located in the north of the city of Brasilia.

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