Belmont Resources (CVE:BEA) Stock Price Up 12.5%

Belmont Resources Inc. (CVE:BEAGet Rating)’s share price rose 12.5% during mid-day trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 158,000 shares changed hands during mid-day trading, an increase of 196% from the average daily volume of 53,415 shares. The stock had previously closed at C$0.04.

Belmont Resources Price Performance

The company’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.05. The company has a market capitalization of C$2.56 million, a PE ratio of -4.00 and a beta of 1.81. The company has a debt-to-equity ratio of 7.96, a quick ratio of 1.41 and a current ratio of 1.25.

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 located in British Columbia, Saskatchewan, Washington, and Nevada States. The company holds a 100% interest in the Come By Chance copper-gold porphyry project located in the Greenwood mining camp.

Further Reading

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