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Belo Sun Mining Corp T.BSX

Alternate Symbol(s):  BSXGF

Belo Sun Mining Corp. is a Canada-based development and mineral exploration mining company. The Company is advancing Brazil's undeveloped gold deposit at the Volta Grande Project in Para State. The Volta Grande Project is situated in the Tres Palmeiras greenstone belt in Para State, Brazil. Although the project's mining license covers 2400 hectares (24 square kilometers), the actual area dedicated to the mining operation is much smaller, encompassing only about 10 square kilometers. The Volta Grande Gold Project is accessible by both road and river. Altamira is a major regional center with a population of 150,000 and is serviced by a local airport and the Trans-Amazonian Highway. The Volta Grande Project's mineral resources are divided into two areas: the North Block and the South Block. The North Block comprises four zones: Ouro Verde, Junction, Grota Seca, and Greia. The South Block is situated approximately 10 kilometers to the south-east.


TSX:BSX - Post by User

Bullboard Posts
Post by mikerams20on Feb 26, 2013 11:41pm
650 Views
Post# 21046754

Belo Sun Mining’s “Sector Outperformer” Rating Rea

Belo Sun Mining’s “Sector Outperformer” Rating Rea

Belo Sun Mining (CVE: BSX)‘s stock had its “sector outperformer” rating reaffirmed by equities researchers at CIBC in a report issued on Monday. They currently have a $2.75 price target on the stock.

A number of other firms have also recently commented on BSX. Analysts at Dundee Securities raised their price target on shares of Belo Sun Mining from $2.25 to $2.50 in a research note to investors on Wednesday, December 19th. They now have a “buy” rating on the stock. Analysts at TD Securities raised their price target on shares of Belo Sun Mining from $2.00 to $2.25 in a research note to investors on Wednesday, December 19th. They now have a “speculative buy” rating on the stock.

Belo Sun Mining traded up 6.36% on Monday, hitting $1.17. Belo Sun Mining has a 52-week low of $0.76 and a 52-week high of $1.83. The stock’s 50-day moving average is currently $1.47. The company’s market cap is $311.1 million.

Belo Sun Mining Corp. (Belo Sun), through its subsidiaries, is a gold exploration company engaged in the exploration of properties located in Brazil.

Bullboard Posts