Melkior Resources Inc. (CVE:MKR – Get Free Report) shares were up 38.9% during trading on Wednesday . The stock traded as high as C$0.13 and last traded at C$0.13. Approximately 252,200 shares were traded during trading, an increase of 84% from the average daily volume of 136,720 shares. The stock had previously closed at C$0.09.
Melkior Resources Stock Performance
The firm’s 50-day moving average is C$0.07 and its two-hundred day moving average is C$0.08. The stock has a market cap of C$3.77 million, a P/E ratio of -5.50 and a beta of 2.34.
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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