Shares of Melkior Resources Inc. (CVE:MKR – Get Free Report) hit a new 52-week low on Monday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 114000 shares trading hands. The stock had previously closed at C$0.07.
Melkior Resources Stock Performance
The firm has a market capitalization of C$2.23 million, a price-to-earnings ratio of -3.25 and a beta of 2.34. The stock’s fifty day moving average is C$0.08 and its two-hundred 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.
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