Melkior Resources Inc. (CVE:MKR – Get Free Report) rose 22.2% during mid-day trading on Wednesday . The stock traded as high as C$0.13 and last traded at C$0.11. Approximately 311,600 shares traded hands during trading, an increase of 119% from the average daily volume of 142,138 shares. The stock had previously closed at C$0.09.
Melkior Resources Stock Performance
The company has a market cap of C$3.77 million, a P/E ratio of -5.50 and a beta of 2.34. The business has a fifty 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.
Featured Stories
- Five stocks we like better than Melkior Resources
- What Are the FAANG Stocks and Are They Good Investments?
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- Consumer Staples Stocks, Explained
- Inflation Persists, But So Do Stock Opportunities: Rally On
- Options Trading – Understanding Strike Price
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
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.
