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

Belmont Resources Inc. (CVE:BEAGet Free Report) shares shot up 14.3% on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. 713,499 shares traded hands during mid-day trading, an increase of 391% from the average session volume of 145,325 shares. The stock had previously closed at C$0.04.

Belmont Resources Stock Performance

The firm has a market cap of C$5.96 million, a price-to-earnings ratio of -4.50 and a beta of -0.25. The business’s 50-day moving average is C$0.04 and its 200-day moving average is C$0.04.

Belmont Resources Company Profile

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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.

Further Reading

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