Belo Sun Mining (TSE:BSX) Announces Earnings Results

Belo Sun Mining (TSE:BSX) posted its quarterly earnings data on Monday. The company reported C($0.01) earnings per share (EPS) for the quarter, FiscalAI reports.

Belo Sun Mining Stock Up 6.7%

TSE:BSX opened at C$1.28 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 13.04 and a current ratio of 4.52. The company has a market capitalization of C$725.67 million, a price-to-earnings ratio of -64.00, a price-to-earnings-growth ratio of -0.33 and a beta of 2.72. Belo Sun Mining has a one year low of C$0.17 and a one year high of C$1.45. The stock has a 50-day simple moving average of C$0.99 and a 200 day simple moving average of C$0.63.

Analysts Set New Price Targets

Separately, Paradigm Capital set a C$5.50 target price on Belo Sun Mining and gave the company a “speculative buy” rating in a research note on Tuesday, March 17th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$5.50.

About Belo Sun Mining

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.