Benton Resources (CVE:BEX) Shares Down 17.4% – Here’s Why
by Michael Walen · The Markets DailyBenton Resources Inc. (CVE:BEX – Get Free Report) traded down 17.4% during mid-day trading on Friday . The company traded as low as C$0.09 and last traded at C$0.10. 3,041,867 shares were traded during trading, an increase of 792% from the average session volume of 341,069 shares. The stock had previously closed at C$0.12.
Benton Resources Stock Performance
The company’s 50-day simple moving average is C$0.10 and its 200-day simple moving average is C$0.08. The stock has a market cap of C$23.17 million, a price-to-earnings ratio of -2.67 and a beta of 4.61. The company has a quick ratio of 3.15, a current ratio of 3.33 and a debt-to-equity ratio of 0.63.
Benton Resources Company Profile
Benton Resources Inc engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, nickel, copper, platinum group elements, lithium, and cesium assets. The company was incorporated in 2011 and is headquartered in Thunder Bay, Canada.