Belmont Resources Inc. (CVE:BEA – Get Free Report) shares rose 50% during mid-day trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 6,695,830 shares were traded during mid-day trading, an increase of 5,326% from the average daily volume of 123,396 shares. The stock had previously closed at C$0.03.
Belmont Resources Stock Performance
The stock has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The firm has a market cap of C$5.96 million, a PE ratio of -4.50 and a beta of 0.18.
About Belmont Resources
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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