Belmont Resources (CVE:BEA) Trading Up 6.7%

Belmont Resources Inc. (CVE:BEA – Get Rating) shares were up 6.7% on Friday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 150,000 shares traded hands during trading, a decline of 9% from the average daily volume of 165,674 shares. The stock had previously closed at C$0.08.

The firm’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.07. The stock has a market capitalization of C$5.67 million and a PE ratio of -10.71. The company has a debt-to-equity ratio of 7.96, a quick ratio of 1.41 and a current ratio of 1.43.

About Belmont Resources (CVE:BEA)

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 located in British Columbia, Saskatchewan, Washington, and Nevada States. The company was incorporated in 1978 and is headquartered in Vancouver, Canada.

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