Benton Resources (CVE:BEX) Trading 25% Higher – Still a Buy?

Shares of Benton Resources Inc. (CVE:BEX) were up 25% during mid-day trading on Saturday . The stock traded as high as C$0.12 and last traded at C$0.10. Approximately 1,463,735 shares traded hands during trading, an increase of 256% from the average daily volume of 410,675 shares. The stock had previously closed at C$0.08.

Benton Resources Stock Performance

The company has a debt-to-equity ratio of 0.63, a current ratio of 3.33 and a quick ratio of 3.15. The company has a 50 day simple moving average of C$0.08 and a 200-day simple moving average of C$0.09. The stock has a market cap of C$19.61 million, a P/E ratio of -11.00 and a beta of 2.43.

About Benton Resources

Benton Resources Inc engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, nickel, copper, platinum group elements, lithium, and cesium assets. The company was incorporated in 2011 and is headquartered in Thunder Bay, Canada.