Belo Sun Mining (TSE:BSX) Stock Price Down 6.1%

Belo Sun Mining Corp (TSE:BSX) fell 6.1% on Wednesday . The company traded as low as C$0.31 and last traded at C$0.31, 278,166 shares changed hands during mid-day trading. An increase of 35% from the average session volume of 205,664 shares. The stock had previously closed at C$0.33.

The company has a market cap of $132.79 million and a price-to-earnings ratio of -16.32. The stock’s fifty day simple moving average is C$0.27. The company has a debt-to-equity ratio of 0.15, a current ratio of 9.74 and a quick ratio of 7.42.

About Belo Sun Mining (TSE:BSX)

Belo Sun Mining Corp., through its subsidiaries, operates as a gold exploration and development company in Brazil. Its flagship project includes the Volta Grande Gold project consisting of 4 submitted mine concessions, 55 exploration permits, 17 submitted exploration permit extensions, and 5 exploration applications covering a total area of 175,856 hectares located in the northern region of Pará State, Brazil.

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