Shares of Belmont Resources Inc. (CVE:BEA – Get Free Report) rose 16.7% during mid-day trading on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 253,846 shares changed hands during mid-day trading, an increase of 86% from the average daily volume of 136,685 shares. The stock had previously closed at C$0.03.
Belmont Resources Stock Up 16.7%
The stock has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The firm has a market cap of C$4.64 million, a price-to-earnings ratio of -3.50 and a beta of -0.20.
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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