Melkior Resources Inc. (CVE:MKR – Get Free Report)’s stock price hit a new 52-week low on Wednesday. The company traded as low as C$0.09 and last traded at C$0.10, with a volume of 78,000 shares traded. The stock had previously closed at C$0.11.
Melkior Resources Stock Up 5.6%
The business has a 50-day moving average price of C$0.12 and a two-hundred day moving average price of C$0.12. The company has a market capitalization of C$4.94 million, a price-to-earnings ratio of -3.17 and a beta of -0.74.
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. The company was founded in 1986 and is headquartered in Timmins, Canada.
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