Belo Sun Mining (TSE:BSX) Trading 73.2% Higher – Should You Buy?

Belo Sun Mining Corp (TSE:BSXGet Free Report) traded up 73.2% on Tuesday . The company traded as high as C$0.97 and last traded at C$0.97. 6,081,951 shares were traded during mid-day trading, an increase of 579% from the average session volume of 895,242 shares. The stock had previously closed at C$0.56.

Belo Sun Mining Stock Up 76.8%

The stock has a 50-day moving average of C$0.60 and a 200-day moving average of C$0.42. 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 firm has a market cap of C$466.08 million, a price-to-earnings ratio of -49.50, a P/E/G ratio of -0.33 and a beta of 1.32.

About Belo Sun Mining

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Belo Sun Mining Corp is a Canada-based gold exploration and development company. It operates in Canada where its head office is located and in Brazil where its exploration and development properties are located. The company owns and operates the Volta Grande Gold project.

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