Belmont Resources (CVE:BEA) Sets New 1-Year Low – Here’s Why

Belmont Resources Inc. (CVE:BEAGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 1046 shares. The stock had previously closed at C$0.03.

Belmont Resources Stock Performance

The firm has a market cap of C$3.97 million, a price-to-earnings ratio of -1.50 and a beta of -0.56. The stock’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.41 and a current ratio of 6.72.

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.

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