Belmont Resources (CVE:BEA) Sets New 52-Week Low – Time to Sell?

by · The Cerbat Gem

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

Belmont Resources Price Performance

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

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.

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