Melkior Resources (CVE:MKR) Trading Down 23.8% – Should You Sell?

Melkior Resources Inc. (CVE:MKRGet Free Report)’s share price traded down 23.8% during mid-day trading on Monday . The stock traded as low as C$0.08 and last traded at C$0.08. 340,300 shares traded hands during trading, an increase of 266% from the average session volume of 92,991 shares. The stock had previously closed at C$0.11.

Melkior Resources Trading Up 22.2 %

The business has a 50-day moving average of C$0.07 and a 200 day moving average of C$0.08. The firm has a market capitalization of C$3.77 million, a PE ratio of -5.50 and a beta of 2.34.

About Melkior Resources

(Get Free Report)

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

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.