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

Belmont Resources Inc. (CVE:BEAGet Free Report) traded up 14.3% during trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. 108,378 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 141,748 shares. The stock had previously closed at C$0.04.

Belmont Resources Price Performance

The stock has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.04. The firm has a market cap of C$4.64 million, a price-to-earnings ratio of -3.50 and a beta of -0.20.

Belmont Resources Company Profile

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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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