Melkior Resources Inc. (CVE:MKR – Get Free Report)’s stock price was up 50% on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 203,500 shares changed 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 Stock Up 50.0 %
The firm’s fifty day simple moving average is C$0.07 and its 200-day simple moving average is C$0.08. The firm has a market capitalization of C$3.60 million, a PE ratio of -5.25 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
- How to Find Undervalued Stocks
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
- How is Compound Interest Calculated?
- Why New Tariffs Could Boost These 3 Basic Materials Stocks
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- 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.