Melkior Resources Inc. (CVE:MKR – Get Free Report) was up 13.3% on Tuesday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 182,550 shares changed hands during trading, an increase of 277% from the average daily volume of 48,460 shares. The stock had previously closed at C$0.08.
Melkior Resources Price Performance
The stock has a market capitalization of C$2.91 million, a price-to-earnings ratio of -4.25 and a beta of 2.34. The firm’s fifty day moving average is C$0.08 and its 200-day moving average is C$0.09.
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.
See Also
- Five stocks we like better than Melkior Resources
- Comparing and Trading High PE Ratio Stocks
- Cerence Up 155% in 2 Days: SoundHound AI’s Fierce Competitor
- Compound Interest and Why It Matters When Investing
- Why Warren Buffett Is Selling: A Look at His Latest Market Moves
- What Investors Need to Know About Upcoming IPOs
- Why Amazon Shares May Never Trade Below $200 Again
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.
