Melkior Resources Inc. (CVE:MKR – Get Free Report)’s share price traded down 8.3% during trading on Tuesday . The company traded as low as C$0.11 and last traded at C$0.11. 337,000 shares traded hands during mid-day trading, an increase of 72% from the average session volume of 195,902 shares. The stock had previously closed at C$0.12.
Melkior Resources Stock Performance
The firm has a market capitalization of C$4.89 million, a P/E ratio of -2.10 and a beta of 1.04. The business’s fifty day moving average price is C$0.13 and its two-hundred day moving average price is C$0.14.
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. The company was founded in 1986 and is headquartered in Timmins, Canada.
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