Belo Sun Mining (TSE:BSX) Reaches New 12-Month High – Still a Buy?

Belo Sun Mining Corp (TSE:BSX) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.09 and last traded at C$0.09, with a volume of 1266575 shares. The stock had previously closed at C$0.08.

Belo Sun Mining Stock Up 13.3 %

The firm has a 50-day moving average of C$0.05 and a two-hundred day moving average of C$0.05. The firm has a market cap of C$38.68 million, a price-to-earnings ratio of -4.25, a PEG ratio of -0.33 and a beta of 2.24. The company has a current ratio of 4.52, a quick ratio of 13.04 and a debt-to-equity ratio of 0.01.

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.