Belo Sun Mining (TSE:BSX) Reaches New 1-Year High – Still a Buy?

Shares of Belo Sun Mining Corp (TSE:BSXGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.10 and last traded at C$0.10, with a volume of 52077 shares changing hands. The stock had previously closed at C$0.09.

Belo Sun Mining Price Performance

The company has a quick ratio of 13.04, a current ratio of 4.52 and a debt-to-equity ratio of 0.01. The company has a 50 day moving average of C$0.05 and a 200-day moving average of C$0.05. The stock has a market capitalization of C$43.23 million, a P/E ratio of -4.75, a PEG ratio of -0.33 and a beta of 2.24.

Belo Sun Mining Company Profile

(Get Free Report)

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 ParĂ¡ State, Brazil.

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