Belmont Resources (CVE:BEA) Trading Down 28.6% – Should You Sell?

Belmont Resources Inc. (CVE:BEAGet Free Report)’s share price was down 28.6% on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 915,305 shares changed hands during trading, an increase of 1,044% from the average daily volume of 80,044 shares. The stock had previously closed at C$0.04.

Belmont Resources Trading Down 28.6%

The firm has a market capitalization of C$3.31 million, a price-to-earnings ratio of -2.50 and a beta of 0.91. The company has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04.

Belmont Resources Company Profile

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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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