Belmont Resources Inc. (CVE:BEA – Get Free Report) shares fell 11.1% during trading on Thursday. The company traded as low as C$0.07 and last traded at C$0.08. Approximately 264,771 shares were traded during trading, an increase of 114% from the average daily volume of 123,936 shares. The stock had previously closed at C$0.09.
Belmont Resources Stock Down 16.7%
The company has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The stock has a market capitalization of C$9.94 million, a P/E ratio of -7.50 and a beta of -2.65.
Belmont Resources Company Profile
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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