Shares of Melkior Resources Inc. (CVE:MKR – Get Free Report) rose 36.8% during mid-day trading on Tuesday . The stock traded as high as C$0.28 and last traded at C$0.26. Approximately 435,460 shares were traded 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 company has a market cap of C$9.12 million, a PE ratio of -26.00 and a beta of 0.83. The business has a fifty day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.13.
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.
See Also
- Five stocks we like better than Melkior Resources
- Top Stocks Investing in 5G Technology
- When Downgrades Create Opportunities: 3 Stocks to Watch Now
- Most Volatile Stocks, What Investors Need to Know
- 3 REITs to Watch as Rate Cuts Ignite a Real Estate Super Cycle
- 3 Grocery Stocks That Are Proving They Are Still Essential
- 2 Defense Stocks Riding 2025’s Massive Momentum Wave
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.
