Is Buying BELO SUN MINING CORP ORDINARY SHARES C (OTCMKTS:VNNHF) Here Good Idea?

June 14, 2018 - By Maria Brooks

Belo Sun Mining Corp (OTCMKTS:VNNHF) Logo

The stock of BELO SUN MINING CORP ORDINARY SHARES C (OTCMKTS:VNNHF) registered an increase of 2.96% in short interest. VNNHF’s total short interest was 1.17 million shares in June as published by FINRA. Its up 2.96% from 1.14 million shares, reported previously. With 529,000 shares average volume, it will take short sellers 2 days to cover their VNNHF’s short positions. The short interest to BELO SUN MINING CORP ORDINARY SHARES C’s float is 0.42%.

The stock increased 2.14% or $0.00355 during the last trading session, reaching $0.16955. About 3,618 shares traded. Belo Sun Mining Corp (OTCMKTS:VNNHF) has 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Belo Sun Mining Corp. operates as a gold exploration firm in Brazil. The company has market cap of $78.14 million. The Company’s flagship project includes the Volta Grande Gold project consisting of submitted 4 mine concessions, 48 exploration permits, 24 exploration permit extensions submitted, and 7 exploration applications covering a total area of 175,443 hectares located in the northern region of Par?? State, Brazil. It currently has negative earnings. The firm was formerly known as Verena Minerals Corporation and changed its name to Belo Sun Mining Corp. in July 2010.

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