Melkior Resources Inc. (CVE:MKR – Get Free Report)’s share price rose 27.8% during trading on Wednesday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 231,000 shares traded hands during mid-day trading, an increase of 77% from the average daily volume of 130,629 shares. The stock had previously closed at C$0.09.
Melkior Resources Price Performance
The stock has a market capitalization of C$3.77 million, a PE ratio of -5.50 and a beta of 2.34. The company has a 50-day moving average of C$0.07 and a two-hundred day moving average of C$0.08.
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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