Melkior Resources Inc. (CVE:MKR – Get Free Report)’s stock price rose 50% during trading on Thursday . The company 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 Price Performance
The firm has a market capitalization of C$3.60 million, a price-to-earnings ratio of -5.25 and a beta of 2.34. The stock has a 50 day moving average price of C$0.07 and a two-hundred day moving average price of 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.
Featured Articles
- Five stocks we like better than Melkior Resources
- What is the Dow Jones Industrial Average (DJIA)?
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Why New Tariffs Could Boost These 3 Basic Materials Stocks
- Options Trading – Understanding Strike Price
- 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.
