Melkior Resources Inc. (CVE:MKR – Get Free Report) traded down 6.7% on Wednesday . The company traded as low as C$0.07 and last traded at C$0.07. 90,900 shares changed hands during mid-day trading, an increase of 104% from the average session volume of 44,498 shares. The stock had previously closed at C$0.08.
Melkior Resources Stock Performance
The company has a market cap of C$2.23 million, a P/E ratio of -3.75 and a beta of 2.39. The business has a 50 day moving average price of C$0.10 and a two-hundred day moving average price of C$0.10.
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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