Belmont Resources (CVE:BEA) Sets New 12-Month Low – Should You Sell?

Belmont Resources Inc. (CVE:BEAGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 4250 shares traded. The stock had previously closed at C$0.02.

Belmont Resources Stock Down 25.0 %

The business’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The company has a market capitalization of C$1.53 million, a PE ratio of -2.00 and a beta of 1.12. The company has a quick ratio of 1.41, a current ratio of 0.38 and a debt-to-equity ratio of 0.60.

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.

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