Shares of Melkior Resources Inc. (CVE:MKR – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 31000 shares trading hands. The stock had previously closed at C$0.07.
Melkior Resources Trading Down 7.1 %
The business has a fifty day moving average of C$0.08 and a 200-day moving average of C$0.08. The company has a market cap of C$2.23 million, a PE ratio of -3.25 and a beta of 2.34.
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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