Belmont Resources (CVE:BEA) Sets New 52-Week High – What’s Next?

Belmont Resources Inc. (CVE:BEAGet Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04, with a volume of 6478 shares traded. The stock had previously closed at C$0.04.

Belmont Resources Stock Performance

The company has a market capitalization of C$3.58 million, a price-to-earnings ratio of -7.12 and a beta of 1.12. The company has a 50-day moving average price of C$0.03 and a 200-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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