Belmont Resources (CVE:BEA) Reaches New 1-Year High – Time to Buy?

Belmont Resources Inc. (CVE:BEA – Get Free Report)’s share price hit a new 52-week high on Tuesday. The company traded as high as C$0.09 and last traded at C$0.07, with a volume of 444,832 shares traded. The stock had previously closed at C$0.08.

Belmont Resources Trading Down 6.3%

The firm has a market capitalization of C$9.94 million, a P/E ratio of -7.50 and a beta of -2.65. The business has a 50-day moving average of C$0.05 and a 200 day moving average of C$0.04.

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. 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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