Melkior Resources Inc. (CVE:MKR – Get Free Report)’s share price was up 50% on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 203,500 shares were traded during mid-day trading, an increase of 228% from the average daily volume of 62,077 shares. The stock had previously closed at C$0.07.
Melkior Resources Price Performance
The stock has a market cap of C$3.60 million, a PE ratio of -5.25 and a beta of 2.34. The stock has a 50-day simple moving average of C$0.07 and a 200-day simple moving average of C$0.08.
About Melkior Resources
Melkior Resources Inc, a junior mining exploration company, engages in the acquisition and exploration of mineral properties in Canada. The company primarily explores for gold, zinc, and silver deposits, as well as base metals. Its flagship property includes the Carscallen project, which comprises 320 claim units covering an area of approximately 47 square kilometers located to the west of Timmins, Ontario.
Recommended Stories
- Five stocks we like better than Melkior Resources
- What is Forex and How Does it Work?
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
- 3 Dividend Kings To Consider
- Why New Tariffs Could Boost These 3 Basic Materials Stocks
- Low PE Growth Stocks: Unlocking Investment Opportunities
- MarketBeat Week in Review – 02/03 – 02/07
Receive News & Ratings for Melkior Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melkior Resources and related companies with MarketBeat.com's FREE daily email newsletter.
