Belmont Resources (CVE:BEA) Sets New 12-Month Low – Time to Sell?

by · The Markets Daily

Belmont Resources Inc. (CVE:BEA – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 27000 shares. The stock had previously closed at C$0.02.

Belmont Resources Price Performance

The stock has a market capitalization of C$1.53 million, a price-to-earnings ratio of -1.50 and a beta of 1.12. The company has a quick ratio of 1.41, a current ratio of 0.38 and a debt-to-equity ratio of 0.60. The business’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.03.

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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