Belo Sun Mining (TSE:BSX) Hits New 12-Month High – Should You Buy?

Belo Sun Mining Corp (TSE:BSXGet Free Report) shares hit a new 52-week high during trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.06, with a volume of 1530 shares trading hands. The stock had previously closed at C$0.05.

Belo Sun Mining Price Performance

The firm has a market cap of C$22.75 million, a P/E ratio of -2.50, a PEG ratio of -0.33 and a beta of 2.24. The business has a fifty day moving average of C$0.05 and a 200 day moving average of C$0.05. The company has a quick ratio of 13.04, a current ratio of 4.52 and a debt-to-equity ratio of 0.01.

Belo Sun Mining (TSE:BSXGet Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The company reported C($0.01) earnings per share for the quarter. On average, sell-side analysts anticipate that Belo Sun Mining Corp will post -0.01 earnings per share for the current year.

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 Pará State, Brazil.

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