Belmont Resources Inc. (CVE:BEA – Get Free Report) was down 25% during mid-day trading on Saturday . The stock traded as low as C$0.04 and last traded at C$0.05. Approximately 588,303 shares changed hands during mid-day trading, an increase of 326% from the average daily volume of 137,998 shares. The stock had previously closed at C$0.06.
Belmont Resources Price Performance
The firm has a market cap of C$5.96 million, a price-to-earnings ratio of -4.50 and a beta of 0.18. The firm’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04.
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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