Belmont Resources (CVE:BEA) Shares Up 22.2% – Here’s What Happened

Belmont Resources Inc. (CVE:BEAGet Free Report) shares traded up 22.2% on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. 882,069 shares traded hands during trading, an increase of 675% from the average daily volume of 113,799 shares. The stock had previously closed at C$0.04.

Belmont Resources Stock Performance

The company has a market cap of C$7.29 million, a PE ratio of -5.50 and a beta of -1.13. The stock has a 50 day moving average of C$0.03 and a 200-day moving average 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. It also holds interests in the Lone Star project located in Washington state; and the Kibby Basin project located in Nevada of the United States.

Further Reading

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