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Belmont Resources stock dropped 28.6% to C$0.03 on Friday with no public explanation.
Belmont Resources (CVE:BEA) shares plunged 28.6% on Friday, closing at C$0.03 amid a surge in trading volume—915,305 shares, a 1,041% spike from its average.
The company, which explores for copper, gold, lithium, and uranium in Canada and the U.S., holds projects including Crackingstone, Come By Chance, Athelstan Jackpot, and Pathfinder.
With a market cap of C$3.31 million and negative P/E of -2.50, the stock's sharp drop occurred without a disclosed cause, though its 50-day and 200-day moving averages both stood at C$0.04.
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Las acciones de Belmont Resources cayeron 28.6% a C$0.03 el viernes sin ninguna explicación pública.