Belmont Resources (CVE:BEA) Reaches New 12-Month High – Should You Buy?

Belmont Resources Inc. (CVE:BEA – Get Free Report)’s stock price hit a new 52-week high during trading on Wednesday. The company traded as high as C$0.06 and last traded at C$0.06, with a volume of 50100 shares traded. The stock had previously closed at C$0.06.

Belmont Resources Trading Down 8.3%

The company has a 50 day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The stock has a market cap of C$7.29 million, a P/E ratio of -5.50 and a beta of -1.13.

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. 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.

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