Belmont Resources (CVE:BEA) Reaches New 52-Week Low – Here’s What Happened

Belmont Resources Inc. (CVE:BEAGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.03, with a volume of 576000 shares changing hands. The stock had previously closed at C$0.03.

Belmont Resources Trading Up 20.0 %

The company has a current ratio of 0.38, a quick ratio of 1.41 and a debt-to-equity ratio of 0.60. The firm has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.02. The company has a market capitalization of C$3.07 million, a price-to-earnings ratio of -3.00 and a beta of 1.12.

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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