Belo Sun Mining (TSE:BSX) Sets New 12-Month High – Time to Buy?

Belo Sun Mining Corp (TSE:BSXGet Free Report) shares hit a new 52-week high during mid-day trading on Saturday . The stock traded as high as C$1.18 and last traded at C$1.16, with a volume of 2266086 shares changing hands. The stock had previously closed at C$1.08.

Belo Sun Mining Trading Up 7.4%

The company’s fifty day simple moving average is C$0.65 and its two-hundred day simple moving average is C$0.44. The company has a market capitalization of C$546.11 million, a price-to-earnings ratio of -58.00, a price-to-earnings-growth ratio of -0.33 and a beta of 1.32. The company has a quick ratio of 13.04, a current ratio of 4.52 and a debt-to-equity ratio of 0.01.

Belo Sun Mining Company Profile

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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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