Shares of Melkior Resources Inc. (CVE:MKR – Get Free Report) shot up 23.1% during trading on Monday . The company traded as high as C$0.16 and last traded at C$0.16. 119,210 shares were traded during trading, a decline of 46% from the average session volume of 222,133 shares. The stock had previously closed at C$0.13.
Melkior Resources Price Performance
The stock has a market cap of C$7.69 million, a price-to-earnings ratio of -3.30 and a beta of 0.67. The stock has a fifty day moving average of C$0.14 and a two-hundred day moving average of C$0.14.
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. The company was founded in 1986 and is headquartered in Timmins, Canada.
Featured Stories
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.
