Belmont Resources (CVE:BEA) Reaches New 52-Week Low – Here’s What Happened

Belmont Resources Inc. (CVE:BEA)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 1046 shares trading hands. The stock had previously closed at C$0.03.

Belmont Resources Stock Performance

The business has a 50 day simple moving average of C$0.03 and a 200 day simple moving average of C$0.04. The company has a quick ratio of 1.41, a current ratio of 6.72 and a debt-to-equity ratio of 0.06. The company has a market capitalization of C$3.97 million, a PE ratio of -1.50 and a beta of -0.56.

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. 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.