Belmont Resources (CVE:BEA) Stock Price Up 28.6% – Here’s What Happened

Belmont Resources Inc. (CVE:BEAGet Free Report) shares were up 28.6% during trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 541,433 shares changed hands during trading, an increase of 589% from the average daily volume of 78,550 shares. The stock had previously closed at C$0.04.

Belmont Resources Stock Up 28.6%

The firm has a market capitalization of C$4.60 million, a price-to-earnings ratio of -9.15 and a beta of 1.12. The company has a fifty day moving average price of C$0.03 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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