Melkior Resources Inc. (CVE:MKR – Get Free Report)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 2000 shares. The stock had previously closed at C$0.07.
Melkior Resources Stock Down 7.1 %
The firm’s 50-day simple moving average is C$0.08 and its 200 day simple moving average is C$0.10. The stock has a market capitalization of C$2.23 million, a P/E 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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