Belo Sun Mining (CVE: BSX)‘s stock had its “sector outperformer” rating reaffirmed by equities researchers at CIBC in a report issued on Monday. They currently have a $2.75 price target on the stock.

A number of other firms have also recently commented on BSX. Analysts at Dundee Securities raised their price target on shares of Belo Sun Mining from $2.25 to $2.50 in a research note to investors on Wednesday, December 19th. They now have a “buy” rating on the stock. Analysts at TD Securities raised their price target on shares of Belo Sun Mining from $2.00 to $2.25 in a research note to investors on Wednesday, December 19th. They now have a “speculative buy” rating on the stock.

Belo Sun Mining traded up 6.36% on Monday, hitting $1.17. Belo Sun Mining has a 52-week low of $0.76 and a 52-week high of $1.83. The stock’s 50-day moving average is currently $1.47. The company’s market cap is $311.1 million.

Belo Sun Mining Corp. (Belo Sun), through its subsidiaries, is a gold exploration company engaged in the exploration of properties located in Brazil.