Belmont Resources Inc. (CVE:BEA – Get Free Report)’s share price dropped 28.6% on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 915,305 shares were traded during mid-day trading, an increase of 1,041% from the average daily volume of 80,210 shares. The stock had previously closed at C$0.04.
Belmont Resources Stock Down 28.6%
The business’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04. The firm has a market cap of C$3.31 million, a price-to-earnings ratio of -2.50 and a beta of 0.18.
Belmont Resources Company Profile
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.
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