Belmont Resources (CVE:BEA) Hits New 52-Week Low – Time to Sell?

Belmont Resources Inc. (CVE:BEA)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 1015 shares. The stock had previously closed at C$0.02.

Belmont Resources Price Performance

The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.41 and a current ratio of 0.38. The firm has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.03. The company has a market capitalization of C$2.04 million, a PE ratio of -1.50 and a beta of 1.12.

Belmont Resources Company Profile

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.