Belmont Resources (CVE:BEA) Hits New 12-Month High – Here’s Why

Belmont Resources Inc. (CVE:BEA – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.06, with a volume of 11087 shares. The stock had previously closed at C$0.07.

Belmont Resources Stock Down 7.7%

The stock has a 50 day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The company has a market capitalization of C$7.95 million, a price-to-earnings ratio of -6.00 and a beta of -1.13.

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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