Shares of Melkior Resources Inc. (CVE:MKR – Get Free Report) traded up 22.2% during mid-day trading on Thursday . The company traded as high as C$0.13 and last traded at C$0.11. 311,600 shares changed hands during mid-day trading, an increase of 119% from the average session volume of 142,138 shares. The stock had previously closed at C$0.09.
Melkior Resources Price Performance
The stock’s 50 day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.08. The firm has a market cap of C$3.77 million, a P/E ratio of -5.50 and a beta of 2.34.
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.
See Also
- Five stocks we like better than Melkior Resources
- Investing In Automotive Stocks
- 3 Dividend ETFs to Capitalize on the Slide in Chip Stocks
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Is Chevron Stock Primed for Growth After Profit-Boosting News?
- How to Profit From Growth Investing
- MarketBeat Week in Review – 02/10 – 02/14
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.
