Belo Sun Mining (TSE:BSX) Hits New 12-Month High – Here’s Why

Belo Sun Mining Corp (TSE:BSXGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.06 and last traded at C$0.06, with a volume of 1000 shares traded. The stock had previously closed at C$0.06.

Belo Sun Mining Stock Down 10.0 %

The firm has a market cap of C$20.48 million, a price-to-earnings ratio of -2.50, a PEG 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. The business’s 50-day moving average is C$0.05 and its 200-day moving average is C$0.05.

About Belo Sun Mining

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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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