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

Shares of Belmont Resources Inc. (CVE:BEAGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 11000 shares trading hands. The stock had previously closed at C$0.03.

Belmont Resources Trading Up 33.3 %

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 stock has a market capitalization of C$2.04 million, a PE ratio of -2.00 and a beta of 1.12. The stock has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.03.

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.

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