Belmont Resources (CVE:BEA) Reaches New 52-Week High – Should You Buy?

Belmont Resources Inc. (CVE:BEAGet Free Report) shares reached a new 52-week high on Friday . The stock traded as high as C$0.06 and last traded at C$0.05, with a volume of 213452 shares changing hands. The stock had previously closed at C$0.06.

Belmont Resources Price Performance

The company has a market capitalization of C$7.95 million, a P/E ratio of -6.00 and a beta of -1.13. The firm’s 50-day moving average is C$0.03 and its 200-day moving average is C$0.04.

Belmont Resources Company Profile

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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. It also holds interests in the Lone Star project located in Washington state; and the Kibby Basin project located in Nevada of the United States.

Further Reading

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