News articles about Belo Sun Mining (TSE:BSX) have been trending positive on Saturday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 6,000 blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Belo Sun Mining earned a coverage optimism score of 2.63 on their scale. InfoTrie also assigned news headlines about the company an news buzz score of 2 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock’s share price in the next few days.
Separately, TD Securities cut their target price on Belo Sun Mining from C$0.45 to C$0.35 and set a “hold” rating for the company in a research report on Wednesday, July 25th.
Shares of TSE:BSX remained flat at $C$0.28 during trading on Friday. The stock had a trading volume of 650,200 shares, compared to its average volume of 573,604. Belo Sun Mining has a 1 year low of C$0.17 and a 1 year high of C$0.53.
Belo Sun Mining Company Profile
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 Pará State, Brazil.
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