Belo Sun Mining Corp., through its subsidiaries, operates as a gold exploration and development company in Brazil.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.46|
|52 Week High||CA$0.41|
|52 Week Low||CA$1.44|
|1 Month Change||-24.59%|
|3 Month Change||-25.81%|
|1 Year Change||-54.46%|
|3 Year Change||104.44%|
|5 Year Change||-51.06%|
|Change since IPO||155.56%|
Recent News & Updates
Belo Sun Mining (TSE:BSX) Is In A Strong Position To Grow Its Business
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
We Think Belo Sun Mining (TSE:BSX) Can Easily Afford To Drive Business Growth
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
What Is The Ownership Structure Like For Belo Sun Mining Corp (TSE:BSX)?
If you want to know who really controls Belo Sun Mining Corp ( TSE:BSX ), then you'll have to look at the makeup of its...
We're Not Worried About Belo Sun Mining's (TSE:BSX) Cash Burn
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Should You Review Recent Insider Transactions At Belo Sun Mining Corp (TSE:BSX)?
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also...
|BSX||CA Metals and Mining||CA Market|
Return vs Industry: BSX underperformed the Canadian Metals and Mining industry which returned -10.5% over the past year.
Return vs Market: BSX underperformed the Canadian Market which returned 30.8% over the past year.
Stable Share Price: BSX is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: BSX's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
Belo Sun Mining Corp., through its subsidiaries, operates as a gold exploration and development company in Brazil. It holds a 100% interest in its flagship property, the Volta Grande Gold project consisting of four mining concession applications, 58 exploration permits, and 16 exploration permits extension submitted covering a total area of 172,631 hectares located in the northern region of Pará State, Brazil. The company was formerly known as Verena Minerals Corporation and changed its name to Belo Sun Mining Corp. in July 2010.
Belo Sun Mining Fundamentals Summary
|BSX fundamental statistics|
Is BSX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BSX income statement (TTM)|
|Cost of Revenue||-CA$31.45k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.018|
|Net Profit Margin||0.00%|
How did BSX perform over the long term?See historical performance and comparison
Is Belo Sun Mining undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BSX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BSX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BSX is unprofitable, so we can't compare its PE Ratio to the Canadian Metals and Mining industry average.
PE vs Market: BSX is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BSX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BSX is overvalued based on its PB Ratio (4.3x) compared to the CA Metals and Mining industry average (2.4x).
How is Belo Sun Mining forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Belo Sun Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Belo Sun Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSX is currently unprofitable.
Growing Profit Margin: BSX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BSX is unprofitable, but has reduced losses over the past 5 years at a rate of 22.1% per year.
Accelerating Growth: Unable to compare BSX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BSX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (126.4%).
Return on Equity
High ROE: BSX has a negative Return on Equity (-16.36%), as it is currently unprofitable.
How is Belo Sun Mining's financial position?
Financial Position Analysis
Short Term Liabilities: BSX's short term assets (CA$27.1M) exceed its short term liabilities (CA$3.6M).
Long Term Liabilities: BSX's short term assets (CA$27.1M) exceed its long term liabilities (CA$16.9K).
Debt to Equity History and Analysis
Debt Level: BSX is debt free.
Reducing Debt: BSX has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BSX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: BSX has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.5% each year.
What is Belo Sun Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BSX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BSX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BSX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BSX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BSX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Tagliamonte (59 yo)
Mr. Peter W. Tagliamonte, P.Eng., MBA, has been the Chief Executive Officer and President at Belo Sun Mining Corp., since August 2014. Mr. Tagliamonte had been Senior Vice President of Sulliden Mining Capi...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD572.20K) is about average for companies of similar size in the Canadian market ($USD511.05K).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
Experienced Management: BSX's management team is seasoned and experienced (7.1 years average tenure).
Experienced Board: BSX's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BSX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Belo Sun Mining Corp's employee growth, exchange listings and data sources
- Name: Belo Sun Mining Corp
- Ticker: BSX
- Exchange: TSX
- Founded: 1996
- Industry: Gold
- Sector: Materials
- Market Cap: CA$201.476m
- Shares outstanding: 437.99m
- Website: https://www.belosun.com
Number of Employees
- Belo Sun Mining Corp
- 65 Queen Street West
- Suite 900
- M5H 2M5
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/26 22:04|
|End of Day Share Price||2021/09/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.