Melkior Resources Inc. (CVE:MKR – Get Free Report) shares rose 22.2% during trading on Thursday . The company traded as high as C$0.13 and last traded at C$0.11. Approximately 311,600 shares changed hands during mid-day trading, an increase of 119% from the average daily volume of 142,138 shares. The stock had previously closed at C$0.09.
Melkior Resources Stock Performance
The company’s fifty day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.08. The stock has a market capitalization 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.
Read More
- Five stocks we like better than Melkior Resources
- Why Are These Companies Considered Blue Chips?
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- About the Markup Calculator
- Inflation Persists, But So Do Stock Opportunities: Rally On
- EV Stocks and How to Profit from Them
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
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.
