Belo Sun Mining Corp (TSE:BSX) shares traded up 43.9% on Thursday . The stock traded as high as C$0.72 and last traded at C$0.48, 9,839,706 shares traded hands during trading. An increase of 3,599% from the average session volume of 266,004 shares. The stock had previously closed at C$0.33.

The firm has a market capitalization of $146.07 million and a P/E ratio of -23.68. The company has a debt-to-equity ratio of 0.15, a quick ratio of 7.46 and a current ratio of 9.74. The firm has a 50 day moving average price of C$0.28 and a two-hundred day moving average price of C$0.27.

Belo Sun Mining (TSE:BSX) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C($0.01) earnings per share (EPS) for the quarter. Equities research analysts forecast that Belo Sun Mining Corp will post -0.02 earnings per share for the current fiscal year.

About Belo Sun Mining (TSE:BSX)

Belo Sun Mining Corp., through its subsidiaries, operates as a gold exploration and development company in Brazil. Its flagship project includes the Volta Grande Gold project consisting of 4 submitted mine concessions, 55 exploration permits, 17 submitted exploration permit extensions, and 5 exploration applications covering a total area of 175,856 hectares located in the northern region of ParĂ¡ State, Brazil.

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