Belo Sun Mining Corp (TSE:BSX – Get Free Report) shot up 17.6% during mid-day trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. 229,550 shares were traded during mid-day trading, a decline of 27% from the average session volume of 312,911 shares. The stock had previously closed at C$0.09.
Belo Sun Mining Stock Performance
The stock’s 50 day moving average price is C$0.06 and its 200 day moving average price is C$0.05. The company has a market capitalization of C$59.16 million, a P/E ratio of -6.50, a price-to-earnings-growth ratio of -0.33 and a beta of 2.24. The company has a debt-to-equity ratio of 0.01, a quick ratio of 13.04 and a current ratio of 4.52.
About Belo Sun Mining
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.
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