Belmont Resources (CVE:BEA) Reaches New 1-Year Low – Here’s What Happened

Belmont Resources Inc. (CVE:BEAGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 1334 shares traded. The stock had previously closed at C$0.03.

Belmont Resources Price Performance

The firm has a market cap of C$3.31 million, a price-to-earnings ratio of -2.50 and a beta of -1.27. The firm’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.04.

About Belmont Resources

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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. 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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