Belo Sun Mining reported a loss of C$0.01 per share for the quarter ended September 30, 2026. The earnings calendar lists no EPS estimate, so there’s no basis for calling the result a beat or miss. Investors are still watching the status of the Volta Grande project.
Belo Sun Mining Corp. (TSX: BSX) reported earnings after market close on November 3, 2026, for the period ended September 30. The calendar lists EPS of -C$0.01 but no estimate. It also provides no quarterly revenue or margin figures. For this development-stage miner, licensing and court proceedings around Volta Grande are important context. See the BSX stock page for company metrics and coverage.
Recent earnings trend
Belo Sun Mining Corp.
BSX.TO
BSX.TO
Belo Sun Mining Corp.
WealthAwesomeMarket cap
$465.95M
52W high
$1.66
52W low
$0.32
1W change
-8.89%
Beta
3.42
Analyst Price Targets
Based on analyst covering BSX · as of Nov 5, 2026
Wall Street analysts forecast BSX stock price to rise 384.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$3.98
+384.9% Upside
Previously C$3.98 on Nov 4, 2026
Current Price
C$0.82
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BSX's historical volatility
30-Day Vol
78.4%
Annualized
90-Day Vol
86.8%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$0.69
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.77 | C$0.59 – C$1.01 |
| 60 trading days | C$0.73 | C$0.50 – C$1.07 |
| 90 trading days | C$0.69 | C$0.43 – C$1.10 |
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 |
|---|---|---|---|---|
| 2026-12-31 | 2027-03-31 | — | -0.0100 | — |
| 2026-09-30 | 2026-11-03 | -0.0100 | — | — |
| 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 | — | — |
Investor takeaway: The -C$0.01 EPS is a modest loss, but the available data doesn’t show whether the company made operating progress. There’s no quarterly revenue figure, margin disclosure, or estimate to compare against. The supplied trailing-twelve-month (TTM) EPS is -C$0.02, and the profit margin is 0.00%.
For Canadian investors, the key distinction is between this earnings snapshot and the risks facing the project. Supplemental headlines say Brazil’s Supreme Court temporarily suspended the Volta Grande installation license on October 21, pending a settlement hearing. Those headlines don’t replace company filings, but they show why permitting news may matter more than one quarter’s EPS. The shares closed at C$0.82, below their 50-day average of C$1.20 and 200-day average of C$1.14. That price comparison doesn’t explain what drove the shares.
C$0.01 loss per share
BSX reported EPS of -C$0.01 for the quarter ended September 30, 2026. The earnings calendar lists no estimate or quarterly revenue figure, so it doesn’t support a beat-or-miss or sales-growth conclusion.
Bull case
The positive case depends on the potential value of advancing the Volta Grande project, not on quarterly earnings growth shown in the available figures. Analyst-target data lists an average target of C$3.98, compared with the last close of C$0.82—a difference of 384.9%. That gap isn’t a promised return. The formal rating is unavailable for Canadian listings, and licensing and project execution remain significant risks. Review the analyst targets section alongside the company’s disclosures.
Bear case
Belo Sun is still loss-making on the supplied TTM figures, and the limited quarterly data doesn’t show revenue or improving margins. Licensing and legal proceedings add uncertainty. Supplemental headlines report a temporary suspension of the Volta Grande installation license after earlier court proceedings.
The share price is also below its 50- and 200-day averages. Its 52-week range is C$0.32 to C$1.66. These figures show how much the price has varied, not where it will go. Independent coverage is limited, and there’s no quarterly estimate to compare with the EPS result. Investors should avoid reading more into that number than the data supports.
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