Shares of Melkior Resources Inc. (CVE:MKR – Get Free Report) traded up 6.3% during trading on Thursday . The stock traded as high as C$0.09 and last traded at C$0.09. 63,000 shares traded hands during trading, an increase of 32% from the average session volume of 47,614 shares. The stock had previously closed at C$0.08.
Melkior Resources Stock Performance
The company has a market cap of C$3.08 million, a price-to-earnings ratio of -4.50 and a beta of 2.34. The stock’s fifty day moving average is C$0.08 and its two-hundred day moving average is C$0.10.
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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