Melkior Resources Inc. (CVE:MKR – Get Free Report) shares were up 36.8% during mid-day trading on Tuesday . The company traded as high as C$0.28 and last traded at C$0.26. Approximately 435,460 shares changed hands during trading, an increase of 362% from the average daily volume of 94,303 shares. The stock had previously closed at C$0.19.
Melkior Resources Price Performance
The firm has a fifty day moving average of C$0.15 and a two-hundred day moving average of C$0.13. The stock has a market capitalization of C$9.12 million, a P/E ratio of -26.00 and a beta of 0.83.
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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