Belmont Resources (CVE:BEA) Sets New 12-Month Low – Here’s What Happened
by Tristan Rich · The Markets DailyBelmont Resources Inc. (CVE:BEA – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 2000 shares trading hands. The stock had previously closed at C$0.03.
Belmont Resources Stock Performance
The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.41 and a current ratio of 0.92. The company has a market cap of C$2.04 million, a price-to-earnings ratio of -2.00 and a beta of 1.12. The firm’s 50-day moving average price is C$0.02 and its 200 day moving average price is C$0.03.
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.
Further Reading
- Five stocks we like better than Belmont Resources
- Investing in Construction Stocks
- 3 Micro-Caps Set for Major Moves: Balancing Risk and Opportunity
- What is the Dogs of the Dow Strategy? Overview and Examples
- Autodesk Named a “Top Pick” by Morgan Stanley—Is It Time to Buy?
- The Risks of Owning Bonds
- 4 Quirky ETFs With Big Potential for Impressive Gains