Belmont Resources (CVE:BEA) Shares Up 14.3% – Still a Buy?

Belmont Resources Inc. (CVE:BEAGet Free Report) shares rose 14.3% during trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 108,378 shares were traded during trading, a decline of 24% from the average daily volume of 141,748 shares. The stock had previously closed at C$0.04.

Belmont Resources Price Performance

The firm has a market cap of C$4.64 million, a P/E ratio of -3.50 and a beta of -0.20. The firm has a fifty day moving average of C$0.04 and a 200-day moving average of 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.

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