Belmont Resources (CVE:BEA) Hits New 1-Year High – Time to Buy?

Belmont Resources Inc. (CVE:BEAGet Free Report) hit a new 52-week high during mid-day 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 changing hands. The stock had previously closed at C$0.02.

Belmont Resources Price Performance

The firm’s 50-day moving average price is C$0.03 and its 200 day moving average price is C$0.02. The firm has a market capitalization of C$2.55 million, a price-to-earnings ratio of -5.09 and a beta of 1.12.

Belmont Resources Company Profile

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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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