Belmont Resources (CVE:BEA) Stock Price Down 28.6% – Should You Sell?

Belmont Resources Inc. (CVE:BEAGet Free Report) shares 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 changed hands during mid-day 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 Stock Performance

The firm’s 50 day moving average is C$0.04 and its 200-day moving average is C$0.04. The stock has a market capitalization of C$3.31 million, a price-to-earnings ratio of -2.50 and a beta of 0.18.

Belmont Resources Company Profile

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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

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