Belmont Resources (CVE:BEA) Hits New 52-Week Low – Here’s What Happened

Belmont Resources Inc. (CVE:BEAGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 3020 shares. The stock had previously closed at C$0.02.

Belmont Resources Price Performance

The company has a quick ratio of 1.41, a current ratio of 0.38 and a debt-to-equity ratio of 0.60. The stock has a market cap of C$1.53 million, a P/E ratio of -1.50 and a beta of 1.12. The firm’s fifty day moving average price is C$0.02 and its 200-day moving average price is C$0.03.

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.

Further Reading

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