Belmont Resources Inc. (CVE:BEA – Get Free Report)’s share price rose 50% during mid-day trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 6,695,830 shares were traded during trading, an increase of 5,326% from the average daily volume of 123,396 shares. The stock had previously closed at C$0.03.
Belmont Resources Stock Performance
The company has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The company has a market capitalization of C$5.96 million, a price-to-earnings ratio of -4.50 and a beta of 0.18.
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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