Belo Sun Mining Corp (TSE:BSX – Get Free Report) shot up 17.6% on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. 229,550 shares traded hands during 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 Trading Down 3.4 %
The business’s 50 day moving average price is C$0.07 and its 200-day moving average price is C$0.05. The company has a debt-to-equity ratio of 0.01, a quick ratio of 13.04 and a current ratio of 4.52. The firm has a market cap of C$63.71 million, a price-to-earnings ratio of -7.00, a price-to-earnings-growth ratio of -0.33 and a beta of 2.24.
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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