Belmont Resources (CVE:BEA) Stock Price Up 14.3% – Here’s Why

Belmont Resources Inc. (CVE:BEAGet Free Report) shot up 14.3% on Monday . The company traded as high as C$0.04 and last traded at C$0.04. 1,417,651 shares traded hands during trading, an increase of 885% from the average session volume of 143,881 shares. The stock had previously closed at C$0.04.

Belmont Resources Stock Performance

The company has a market cap of C$4.64 million, a P/E ratio of -3.50 and a beta of -0.20. The stock has a 50-day moving average of C$0.04 and a two-hundred day moving average of C$0.04.

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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