Belmont Resources Inc. (CVE:BEA – Get Free Report) shares dropped 28.6% during mid-day trading on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 915,305 shares changed hands during 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 Price Performance
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. The firm has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04.
About Belmont Resources
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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