Belmont Resources Inc. (CVE:BEA – Get Free Report) traded down 11.1% during trading on Thursday. The stock traded as low as C$0.07 and last traded at C$0.08. 264,771 shares changed hands during mid-day trading, an increase of 114% from the average daily volume of 123,936 shares. The stock had previously closed at C$0.09.
Belmont Resources Price Performance
The firm’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.04. The company has a market cap of C$10.60 million, a price-to-earnings ratio of -8.00 and a beta of -2.65.
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.
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