Belmont Resources (CVE:BEA) Hits New 12-Month High – Should You Buy?

Belmont Resources Inc. (CVE:BEAGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03, with a volume of 31000 shares changing hands. The stock had previously closed at C$0.03.

Belmont Resources Price Performance

The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.41 and a current ratio of 0.38. The stock has a market capitalization of C$3.07 million, a PE ratio of -3.00 and a beta of 1.12. The company’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02.

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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