Belmont Resources (CVE:BEA) Trading 33.3% Higher – Should You Buy?

Belmont Resources Inc. (CVE:BEAGet Free Report)’s share price traded up 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.02. 637,028 shares were traded during trading, an increase of 749% from the average session volume of 75,068 shares. The stock had previously closed at C$0.02.

Belmont Resources Stock Performance

The company has a market capitalization of C$3.07 million, a price-to-earnings ratio of -3.00 and a beta of 1.12. 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 50-day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.

About Belmont Resources

(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.

Further Reading

Receive News & Ratings for Belmont Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Belmont Resources and related companies with MarketBeat.com's FREE daily email newsletter.