Belmont Resources (CVE:BEA) Reaches New 1-Year Low – Should You Sell?

Belmont Resources Inc. (CVE:BEAGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.03, with a volume of 576000 shares trading hands. The stock had previously closed at C$0.03.

Belmont Resources Price Performance

The firm has a market capitalization of C$3.07 million, a P/E ratio of -2.50 and a beta of 1.12. The firm has a 50 day moving average price of C$0.02 and a 200-day moving average price of C$0.02. The company has a current ratio of 0.38, a quick ratio of 1.41 and a debt-to-equity ratio of 0.60.

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.

Further Reading

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