Belmont Resources (CVE:BEA) Hits New 12-Month High – What’s Next?

Belmont Resources Inc. (CVE:BEA – Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.05, with a volume of 213452 shares traded. The stock had previously closed at C$0.06.

Belmont Resources Stock Up 9.1%

The stock has a market capitalization of C$7.95 million, a PE ratio of -6.00 and a beta of -1.13. The stock’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.04.

Belmont Resources Company Profile

(Get Free Report)

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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