Belo Sun Mining (TSE:BSX) Hits New 52-Week High – Time to Buy?

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

Belo Sun Mining Trading Down 5.6 %

The firm has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.05. The company has a market cap of C$38.68 million, a PE ratio of -4.25, a price-to-earnings-growth ratio of -0.33 and a beta of 2.24. The company has a current ratio of 4.52, a quick ratio of 13.04 and a debt-to-equity ratio of 0.01.

Belo Sun Mining Company Profile

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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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