Belmont Resources (CVE:BEA) Trading Up 14.3% – Should You Buy?

Belmont Resources Inc. (CVE:BEAGet Free Report)’s stock price shot up 14.3% during trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 108,378 shares were traded during trading, a decline of 24% from the average session volume of 142,306 shares. The stock had previously closed at C$0.04.

Belmont Resources Stock Performance

The company has a market capitalization of C$4.64 million, a P/E ratio of -3.50 and a beta of -0.20. The firm’s fifty day moving average is C$0.04 and its 200 day moving average is 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.

Further Reading

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