Belmont Resources (CVE:BEA) Hits New 12-Month Low – Here’s Why

Belmont Resources Inc. (CVE:BEAGet Free Report)’s share price hit a new 52-week low on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 671300 shares changing hands. The stock had previously closed at C$0.03.

Belmont Resources Price Performance

The stock has a 50-day simple moving average of C$0.03 and a 200-day simple moving average of C$0.04. The stock has a market cap of C$3.97 million, a PE ratio of -3.00 and a beta of -1.27.

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. It also holds interests in the Lone Star project located in Washington state; and the Kibby Basin project located in Nevada of the United States.

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