Belo Sun Mining Corp (BSX) Financials
TSX: BSX · Gold · Development stage
- Market cap$428.5M
- Share price$0.750
- 52-week range$0.315 – $1.66
- Shares outstanding571,378,860
- ExchangeTSX
- Websitewww.belosun.com
Belo Sun is a Canadian-based mining company with a portfolio of gold-focused properties in Brazil. The Company is currently focused on the development of the Volta Grande Gold Project. Belo Sun trades on the Toronto Stock Exchange under the symbol 'BSX' and on the OTCQB under the symbol 'BSXGF'.
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Belo Sun Mining Corp financial statements
Key figures read from 40 of 40 financial statement filings, Nov 9, 2016 to Aug 12, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$4,698,336 | C$10,881,610 | C$15,101,994 | C$17,584,792 | C$23,964,791 |
| Short-term investments | — | — | C$0 | C$1,625,280 | C$1,521,360 |
| Total current assets | C$4,895,208* | C$11,351,008* | C$15,586,237* | C$18,355,290* | C$28,206,924* |
| Total current liabilities | C$1,958,031 | C$3,112,615 | — | C$1,500,248 | C$1,845,399 |
| Working capital | C$2,937,177 | C$8,238,393 | — | C$16,855,042 | C$26,361,525 |
| Property, plant and equipment | C$10,856,739 | C$11,396,415 | C$10,586,391 | C$16,215,510 | C$18,240,915 |
| Total assets | C$15,919,504 | C$23,338,477 | C$26,808,313 | C$36,736,179 | C$48,403,525 |
| Total liabilities | — | — | C$1,720,090 | C$1,500,248 | C$1,853,321 |
| Shareholders' equity | C$13,961,473 | C$20,225,862 | C$25,088,223 | C$35,235,931 | C$46,550,204 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$1,669,144 | C$1,341,785 | C$1,248,552 | C$1,264,783 | — |
| General and administrative | C$4,415,288 | C$5,113,433 | C$3,326,383 | C$3,563,085 | C$3,873,115 |
| Share-based compensation | C$3,354,446 | C$205,866 | C$943,340 | C$1,044,488 | C$1,973,628 |
| Impairments and write-downs | — | C$0 | C$5,274,653 | — | — |
| Net income (loss) | (C$9,791,243) | (C$7,288,293) | (C$10,717,179) | (C$13,349,848) | (C$6,204,077) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$6,586,486) | (C$5,243,398) | (C$4,624,388) | (C$9,887,358) | (C$5,887,368) |
| Investing cash flow | C$356,487 | (C$8,998) | C$1,903,107 | C$3,529,770 | (C$3,917) |
| Financing cash flow | (C$11,138) | C$1,157,875 | (C$9,651) | (C$117,674) | (C$16,774) |
| Property, plant and equipment spending | (C$44,836) | (C$8,998) | (C$42,173) | (C$15,340) | (C$15,156) |
| Proceeds from share issues | C$0 | C$1,166,079 | — | — | — |
| Change in cash | (C$6,241,137) | (C$4,094,521) | (C$2,730,932) | (C$6,475,262) | (C$5,908,059) |
| Cash at end of period | C$4,698,336 | C$10,881,610 | C$15,101,994 | C$17,584,792 | C$23,964,791 |
Belo Sun Mining Corp financings
1 financing announced or closed by Belo Sun Mining Corp, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-12-22 | Belo Sun Mining Corp (BSX) | Private placement, non-brokered | Closed, 1 tranche | US$30.0M | $0.430 | Belo Sun Announces Private Placement Financing |