Belo Sun Mining (TSE:BSX) Hits New 52-Week High – Here’s Why

Belo Sun Mining Corp (TSE:BSX)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as C$0.06 and last traded at C$0.06, with a volume of 33800 shares trading hands. The stock had previously closed at C$0.06.

Belo Sun Mining Price Performance

The company has a market capitalization of C$22.75 million, a PE ratio of -3.00, a price-to-earnings-growth ratio of -0.33 and a beta of 2.24. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.52 and a quick ratio of 13.04. The company’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05.

Belo Sun Mining (TSE:BSX) last announced its earnings results on Tuesday, August 6th. The company reported C($0.01) earnings per share (EPS) for the quarter. As a group, sell-side analysts predict that Belo Sun Mining Corp will post -0.01 earnings per share for the current 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.