Belo Sun Mining (TSE:BSX) Trading 67.9% Higher – Still a Buy?

Belo Sun Mining Corp (TSE:BSX)’s stock price traded up 67.9% on Tuesday . The stock traded as high as C$0.95 and last traded at C$0.94. 5,261,151 shares changed hands during mid-day trading, an increase of 554% from the average session volume of 805,019 shares. The stock had previously closed at C$0.56.

Belo Sun Mining Price Performance

The firm has a market cap of C$466.08 million, a price-to-earnings ratio of -49.50, a P/E/G ratio of -0.33 and a beta of 1.32. The company has a current ratio of 4.52, a quick ratio of 13.04 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average price is C$0.60 and its 200-day moving average price is C$0.42.

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.