Belmont Resources (CVE:BEA) Hits New 1-Year High – What’s Next?

Belmont Resources Inc. (CVE:BEAGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03, with a volume of 2018 shares. The stock had previously closed at C$0.03.

Belmont Resources Stock Down 16.7 %

The stock has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.02. The company has a market capitalization of C$2.55 million, a price-to-earnings ratio of -5.09 and a beta of 1.12.

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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