Belmont Resources (CVE:BEA) Sets New 1-Year Low at $0.03

Belmont Resources Inc. (CVE:BEA) reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.04, with a volume of 26421 shares changing hands. The stock had previously closed at C$0.04.

The business’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.06. The company has a quick ratio of 0.21, a current ratio of 0.22 and a debt-to-equity ratio of 2.82. The stock has a market capitalization of $944,000.00 and a PE ratio of -0.33.

Belmont Resources Company Profile (CVE:BEA)

Belmont Resources Inc engages in the acquisition, exploration, and development of mineral resource properties in Canada and the United States. The company primarily explores for uranium and lithium deposits. It holds a 100% interest in the Kibby Basin property covering 6,820 acres located in Esmeralda County, Nevada; 50% interests in the Crackingstone River property with 1 mineral claim covering 12,841 ha located in northern Saskatchewan; and an option to acquire a 100% interest in the Mid Corner/Johnson Croft property with 31 mineral claims encompassing 7 Sq.

Read More: Why do companies issue convertible shares?

Receive News & Ratings for Belmont Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Belmont Resources and related companies with's FREE daily email newsletter.