Benton Resources (CVE:BEX) Trading 37.5% Higher – Here’s Why

Benton Resources Inc. (CVE:BEXGet Free Report)’s share price shot up 37.5% during mid-day trading on Friday . The company traded as high as C$0.12 and last traded at C$0.11. 884,635 shares were traded during mid-day trading, an increase of 158% from the average session volume of 342,757 shares. The stock had previously closed at C$0.08.

Benton Resources Stock Performance

The company has a 50 day simple moving average of C$0.08 and a 200 day simple moving average of C$0.10. The company has a quick ratio of 3.15, a current ratio of 3.33 and a debt-to-equity ratio of 0.63. The stock has a market cap of C$19.61 million, a price-to-earnings ratio of -11.00 and a beta of 2.43.

About Benton Resources

(Get Free Report)

Benton Resources Inc engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, nickel, copper, platinum group elements, lithium, and cesium assets. The company was incorporated in 2011 and is headquartered in Thunder Bay, Canada.

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