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

Shares of Belmont Resources Inc. (CVE:BEAGet Free Report) hit a new 52-week low on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 2004 shares changing hands. The stock had previously closed at C$0.02.

Belmont Resources Stock Performance

The firm has a 50-day moving average of C$0.02 and a two-hundred day moving average of C$0.02. The company has a quick ratio of 1.41, a current ratio of 0.38 and a debt-to-equity ratio of 0.60. The company has a market capitalization of C$2.04 million, a PE ratio of -2.00 and a beta of 1.12.

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.

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