Belmont Resources (CVE:BEA) Stock Jumps 18.2% – Here’s What Happened

Shares of Belmont Resources Inc. (CVE:BEA – Get Free Report) traded up 18.2% during mid-day trading on Thursday. The company traded as high as C$0.07 and last traded at C$0.07. Approximately 304,035 shares changed hands during mid-day trading, an increase of 132% from the average daily volume of 130,830 shares. The stock had previously closed at C$0.06.

Belmont Resources Price Performance

The stock has a market cap of C$11.26 million, a price-to-earnings ratio of -8.50 and a beta of -2.65. The firm has a fifty day moving average of C$0.05 and a 200 day moving average of C$0.04.

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.

Further Reading

Receive News & Ratings for Belmont Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Belmont Resources and related companies with MarketBeat.com's FREE daily email newsletter.