Belmont Resources (CVE:BEA) Sets New 52-Week High – Should You Buy?

Shares of Belmont Resources Inc. (CVE:BEAGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03, with a volume of 109000 shares trading hands. The stock had previously closed at C$0.02.

Belmont Resources Trading Up 20.0 %

The business’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.02. The firm has a market capitalization of C$3.07 million, a PE ratio of -6.10 and a beta of 1.12.

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.

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