Belmont Resources (CVE:BEA) Sets New 12-Month Low – Here’s What Happened

Belmont Resources Inc. (CVE:BEA – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 2000 shares trading hands. The stock had previously closed at C$0.03.

Belmont Resources Stock Performance

The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.41 and a current ratio of 0.92. The company has a market cap of C$2.04 million, a price-to-earnings ratio of -2.00 and a beta of 1.12. The firm’s 50-day moving average price is C$0.02 and its 200 day moving average price is C$0.03.

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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