Melkior Resources Inc. (CVE:MKR – Get Free Report)’s stock price was up 50% during mid-day trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 203,500 shares traded hands during trading, an increase of 228% from the average daily volume of 62,077 shares. The stock had previously closed at C$0.07.
Melkior Resources Stock Performance
The stock has a market capitalization of C$3.60 million, a PE ratio of -5.25 and a beta of 2.34. The stock’s 50-day moving average is C$0.07 and its 200 day moving average is C$0.08.
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.
Further Reading
- Five stocks we like better than Melkior Resources
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Why New Tariffs Could Boost These 3 Basic Materials Stocks
- Differences Between Momentum Investing and Long Term Investing
- MarketBeat Week in Review – 02/03 – 02/07
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.
