Belo Sun Mining (TSE:BSX) Sets New 52-Week High – Here’s What Happened

Belo Sun Mining Corp (TSE:BSX) reached a new 52-week high on Friday . The company traded as high as C$0.06 and last traded at C$0.06, with a volume of 7000 shares trading hands. The stock had previously closed at C$0.05.

Belo Sun Mining Price Performance

The stock has a market cap of C$27.30 million, a price-to-earnings ratio of -3.00, a price-to-earnings-growth ratio of -0.33 and a beta of 2.24. 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’s 50-day moving average is C$0.05 and its 200-day moving average is C$0.05.

Belo Sun Mining (TSE:BSX) last issued its earnings results on Tuesday, August 6th. The company reported C($0.01) earnings per share (EPS) for the quarter. Equities research analysts expect that Belo Sun Mining Corp will post -0.01 earnings per share for the current fiscal year.

Belo Sun Mining Company Profile

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.