Melkior Resources Inc. (CVE:MKR – Get Free Report)’s share price was up 42.9% on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 187,500 shares traded hands during mid-day trading, an increase of 212% from the average daily volume of 60,077 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.
Melkior Resources Company Profile
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.
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