Belmont Resources (CVE:BEA) Reaches New 1-Year Low – Should You Sell?

Belmont Resources Inc. (CVE:BEAGet Free Report)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 2000 shares changing hands. 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 quick ratio of 1.41 and a current ratio of 0.92. The stock has a market capitalization of C$2.04 million, a P/E ratio of -2.00 and a beta of 1.12. The firm has a 50-day moving average price of C$0.02 and a 200 day moving average price of C$0.03.

Belmont Resources Company Profile

(Get Free Report)

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.

Read More

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 MarketBeat.com's FREE daily email newsletter.