Belmont Resources (CVE:BEA) Trading Up 14.3% – Should You Buy?

Belmont Resources Inc. (CVE:BEAGet Free Report) was up 14.3% on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 108,378 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 142,306 shares. The stock had previously closed at C$0.04.

Belmont Resources Trading Up 14.3%

The company has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.04. The firm has a market capitalization of C$5.30 million, a price-to-earnings ratio of -4.00 and a beta of -0.20.

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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