Benton Resources (CVE:BEX) Shares Up 25% – Here’s Why

Benton Resources Inc. (CVE:BEXGet Free Report) shot up 25% during trading on Friday . The stock traded as high as C$0.12 and last traded at C$0.10. 1,463,735 shares changed hands during trading, an increase of 263% from the average session volume of 403,221 shares. The stock had previously closed at C$0.08.

Benton Resources Price Performance

The stock has a market cap of C$19.61 million, a P/E ratio of -11.00 and a beta of 2.43. The company has a quick ratio of 3.15, a current ratio of 3.33 and a debt-to-equity ratio of 0.63. The business’s 50-day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.10.

About Benton Resources

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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.

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