Melkior Resources Inc. (CVE:MKR – Get Free Report) was up 22.2% during mid-day trading on Wednesday . The company traded as high as C$0.13 and last traded at C$0.11. Approximately 291,600 shares were traded during mid-day trading, an increase of 108% from the average daily volume of 140,320 shares. The stock had previously closed at C$0.09.
Melkior Resources Price Performance
The firm has a market capitalization of C$3.77 million, a P/E ratio of -5.50 and a beta of 2.34. The stock has a fifty day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.08.
About Melkior Resources
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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