Melkior Resources Inc. (CVE:MKR – Get Free Report)’s stock price fell 26.9% on Wednesday . The company traded as low as C$0.19 and last traded at C$0.19. 193,200 shares traded hands during trading, an increase of 103% from the average session volume of 94,980 shares. The stock had previously closed at C$0.26.
Melkior Resources Trading Down 26.9%
The business’s 50-day moving average is C$0.15 and its two-hundred day moving average is C$0.14. The firm has a market cap of C$6.66 million, a P/E ratio of -19.00 and a beta of 0.83.
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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