Belmont Resources (CVE:BEA) Stock Price Down 28.6% – What’s Next?

Shares of Belmont Resources Inc. (CVE:BEAGet Free Report) fell 28.6% during trading on Saturday . The company 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 firm’s fifty day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04. The company 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.

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