Belmont Resources (CVE:BEA) Reaches New 1-Year High – Here’s What Happened
by Michael Walen · The Markets DailyShares of Belmont Resources Inc. (CVE:BEA – Get Free Report) hit a new 52-week high on Tuesday. The company traded as high as C$0.09 and last traded at C$0.07, with a volume of 444,832 shares trading hands. The stock had previously closed at C$0.08.
Belmont Resources Stock Down 15.4%
The stock has a market capitalization of C$7.29 million, a price-to-earnings ratio of -5.50 and a beta of -2.65. The firm has a 50-day moving average of C$0.05 and a two-hundred day moving average 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. It also holds interests in the Lone Star project located in Washington state; and the Kibby Basin project located in Nevada of the United States.