Melkior Resources Inc. (CVE:MKR – Get Free Report)’s stock price hit a new 52-week low on Wednesday. The stock traded as low as C$0.09 and last traded at C$0.10, with a volume of 78,000 shares changing hands. The stock had previously closed at C$0.11.
Melkior Resources Stock Performance
The firm has a 50-day moving average price of C$0.12 and a 200-day moving average price of C$0.12. The stock has a market cap of C$4.94 million, a PE ratio of -3.17 and a beta of -0.74.
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.
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