Belmont Resources (CVE:BEA) Shares Down 28.6% – Here’s Why

Shares of Belmont Resources Inc. (CVE:BEAGet Free Report) fell 28.6% during mid-day trading on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. 915,305 shares traded hands during trading, an increase of 1,041% from the average session volume of 80,210 shares. The stock had previously closed at C$0.04.

Belmont Resources Trading Down 28.6%

The stock has a market capitalization of C$3.31 million, a P/E ratio of -2.50 and a beta of 0.18. The firm’s fifty day moving average is C$0.04 and its 200-day moving average is C$0.04.

About Belmont Resources

(Get Free Report)

Belmont Resources Inc engages in the acquisition, exploration, and development of mineral resource properties in Canada and the United States. It explores for copper, gold, lithium, and uranium projects. The company holds interests in the Crackingstone project located in North Shore Lake Athabasca; the Come By Chance project located in Southeastern British Columbia; and the Athelstan Jackpot and Pathfinder projects located in southern British Columbia of Canada.

Further Reading

Receive News & Ratings for Belmont Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Belmont Resources and related companies with MarketBeat.com's FREE daily email newsletter.