Belmont Resources (CVE:BEA) Reaches New 52-Week High – Here’s Why

Belmont Resources Inc. (CVE:BEA – Get Free Report)’s share price reached a new 52-week high during trading on Monday. The stock traded as high as C$0.09 and last traded at C$0.10, with a volume of 109,349 shares. The stock had previously closed at C$0.09.

Belmont Resources Stock Down 10.5%

The firm has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.04. The stock has a market capitalization of C$11.26 million, a P/E ratio of -8.50 and a beta of -2.65.

Belmont Resources Company Profile

(Get Free Report)

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.

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