Belo Sun Mining (TSE:BSX) Shares Down 10.3% – Time to Sell?

Belo Sun Mining Corp (TSE:BSXGet Free Report)’s share price traded down 10.3% on Friday . The company traded as low as C$0.13 and last traded at C$0.13. 124,737 shares changed hands during trading, a decline of 72% from the average session volume of 442,084 shares. The stock had previously closed at C$0.15.

Belo Sun Mining Stock Down 17.2 %

The firm has a market cap of C$54.61 million, a price-to-earnings ratio of -6.00, a PEG ratio of -0.33 and a beta of 2.24. 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 firm has a fifty day moving average price of C$0.06 and a 200-day moving average price of C$0.05.

Belo Sun Mining Company Profile

(Get Free Report)

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 ParĂ¡ State, Brazil.

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