Shares of Belmont Resources Inc. (CVE:BEA – Get Free Report) dropped 14.3% during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 229,800 shares were traded during mid-day trading, an increase of 157% from the average daily volume of 89,520 shares. The stock had previously closed at C$0.04.
Belmont Resources Trading Down 14.3%
The company has a market cap of C$3.97 million, a PE ratio of -3.00 and a beta of -1.32. The company’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.04.
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.
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