Belmont Resources (CVE:BEA) Trading 16.7% Higher

Belmont Resources Inc. (CVE:BEAGet Free Report) shares were up 16.7% during mid-day trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 228,300 shares changed hands during mid-day trading, an increase of 139% from the average daily volume of 95,427 shares. The stock had previously closed at C$0.03.

Belmont Resources Price Performance

The company has a debt-to-equity ratio of 0.60, a current ratio of 0.52 and a quick ratio of 1.41. The stock has a market cap of C$2.64 million, a price-to-earnings ratio of -5.00 and a beta of 1.39. The company’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.03.

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 a 100% interest in the Kibby Basin property that covers an area of approximately 13,440 acres located in Esmeralda County, Nevada; and the Crackingstone property situated in the Northern Mining District, Saskatchewan.

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