Belo Sun Mining Corp. recently released its latest earnings report, revealing key insights for investors navigating the mining sector.
Belo Sun Mining Corp. (BSX.TO) reported its earnings for the second quarter of 2026 after market close on August 12. The results highlight ongoing challenges within the company, especially as it works on its Volta Grande Gold Project in Brazil. Here’s what Canadian investors need to know about the latest earnings release.
Recent earnings trend
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Belo Sun Mining Corp.
BSX.TO
BSX.TO
Belo Sun Mining Corp.
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Market cap
$709.99M
52W high
$1.64
52W low
$0.24
1W change
+5.13%
Beta
3.43
Analyst Price Targets
Based on analyst covering BSX
Wall Street analysts forecast BSX stock price to rise 300.8% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$4.93
+300.8% Upside
Current Price
C$1.23
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BSX's historical volatility
30-Day Vol
103.2%
Annualized
90-Day Vol
88.7%
Annualized
Trend (90d)
-6.8%
Annualized drift
90d Mean
C$1.20
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$1.22 | C$0.85 – C$1.74 |
| 60 trading days | C$1.21 | C$0.73 – C$2.00 |
| 90 trading days | C$1.20 | C$0.65 – C$2.23 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 1 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-12 | -0.0100 | — | — |
| 2026-03-31 | 2026-05-05 | -0.0060 | — | — |
| 2025-12-31 | 2026-03-30 | 0.0000 | 0.0000 | — |
| 2025-09-30 | 2025-11-05 | -0.0028 | — | — |
| 2025-06-30 | 2025-08-06 | -0.0100 | — | — |
| 2025-03-31 | 2025-05-07 | -0.0100 | — | — |
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Investor takeaway: Despite reporting a negative earnings per share (EPS) of -0.01, the company's focus on project development and optimistic analyst targets suggest there could be potential for investors willing to endure the current volatility in the mining sector.
Belo Sun Reports EPS of -0.01 in Latest Quarter
This marks a continuation of negative earnings, following a history of fluctuating EPS results that show the company’s struggles to achieve profitability.
Bull case
Analysts are optimistic about Belo Sun, with an average target price of C$4.93. This indicates a potential upside of over 300% from the last closing price. The company's dedication to advancing its key projects could lead to significant long-term value for investors.
Bear case
Belo Sun's recent EPS of -0.01 continues a trend of losses, raising concerns about its profitability and operational efficiency. With a profit margin of 0.00%, investors may be worried about the sustainability of its business model in the competitive mining landscape.
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