Melkior Resources (CVE:MKR) Stock Price Up 42.9% – What’s Next?

Melkior Resources Inc. (CVE:MKRGet Free Report)’s stock price traded up 42.9% on Thursday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 187,500 shares traded hands during trading, an increase of 212% from the average session volume of 60,077 shares. The stock had previously closed at C$0.07.

Melkior Resources Stock Up 50.0 %

The stock’s 50 day moving average price is C$0.07 and its 200-day moving average price is C$0.08. The stock has a market capitalization of C$3.60 million, a PE ratio of -5.25 and a beta of 2.34.

Melkior Resources Company Profile

(Get Free Report)

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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