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

Belo Sun Mining Corp (TSE:BSX) shares hit a new 52-week high during trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06, with a volume of 1000 shares changing hands. The stock had previously closed at C$0.06.

Belo Sun Mining Stock Down 9.1 %

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 has a market capitalization of C$22.75 million, a PE ratio of -2.75, a P/E/G ratio of -0.33 and a beta of 2.24. The stock has a 50-day moving average of C$0.05 and a 200 day moving average of C$0.05.

Belo Sun Mining (TSE:BSX) last announced its quarterly earnings data on Tuesday, August 6th. The company reported C($0.01) earnings per share for the quarter. Sell-side analysts anticipate that Belo Sun Mining Corp will post -0.01 EPS for the current year.

About Belo Sun Mining

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.