Belmont Resources (CVE:BEA) Hits New 12-Month Low – Should You Sell?

Shares of Belmont Resources Inc. (CVE:BEAGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 1015 shares. The stock had previously closed at C$0.02.

Belmont Resources Price Performance

The stock has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.03. The company has a current ratio of 0.38, a quick ratio of 1.41 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of C$2.04 million, a P/E ratio of -1.50 and a beta of 1.12.

About Belmont Resources

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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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