Belo Sun Mining (TSE:BSX) Trading 55.6% Higher – Should You Buy?

Belo Sun Mining Corp (TSE:BSX)’s stock price rose 55.6% during trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 1,868,188 shares were traded during trading, an increase of 1,168% from the average daily volume of 147,387 shares. The stock had previously closed at C$0.05.

Belo Sun Mining Stock Up 13.3 %

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 firm has a market cap of C$38.68 million, a P/E ratio of -4.25, a price-to-earnings-growth ratio of -0.33 and a beta of 2.24. The stock’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.05.

Belo Sun Mining Company Profile

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.