Belmont Resources (CVE:BEA) Trading Down 14.3% – Here’s Why

Belmont Resources Inc. (CVE:BEAGet Free Report) shares fell 14.3% on Friday . The company traded as low as C$0.03 and last traded at C$0.03. 2,267 shares were traded during trading, a decline of 97% from the average session volume of 74,157 shares. The stock had previously closed at C$0.04.

Belmont Resources Trading Down 28.6%

The firm has a market capitalization of C$3.31 million, a price-to-earnings ratio of -2.50 and a beta of 0.91. The company has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.04.

About Belmont Resources

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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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