Belo Sun Mining (TSE:BSX) Trading Up 11.1%

Belo Sun Mining Corp (TSE:BSX)’s share price was up 11.1% during mid-day trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 115,000 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 156,330 shares. The stock had previously closed at C$0.05.

Belo Sun Mining Stock Performance

The firm has a fifty day moving average of C$0.05 and a 200-day moving average of C$0.05. 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 2.10. The company has a quick ratio of 13.04, a current ratio of 9.06 and a debt-to-equity ratio of 0.01.

Belo Sun Mining (TSE:BSX) last posted its quarterly earnings results on Thursday, March 28th. The company reported C($0.01) earnings per share (EPS) for the quarter. Research analysts predict that Belo Sun Mining Corp will post -0.01 earnings per share for the current fiscal year.

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.