Belmont Resources Inc. (CVE:BEA – Get Free Report) shares dropped 28.6% on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 915,305 shares changed hands during mid-day trading, an increase of 1,041% from the average daily volume of 80,210 shares. The stock had previously closed at C$0.04.
Belmont Resources Trading Down 28.6%
The business’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The company has a market capitalization of C$3.31 million, a price-to-earnings ratio of -2.50 and a beta of 0.91.
About Belmont Resources
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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