Melkior Resources Inc. (CVE:MKR – Get Free Report) shares hit a new 52-week low on Wednesday. The company traded as low as C$0.09 and last traded at C$0.10, with a volume of 78,000 shares. The stock had previously closed at C$0.11.
Melkior Resources Price Performance
The stock’s 50 day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.12. The firm has a market cap of C$4.94 million, a P/E ratio of -3.17 and a beta of -0.74.
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. The company was founded in 1986 and is headquartered in Timmins, Canada.
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