Melkior Resources Inc. (CVE:MKR – Get Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 31000 shares changing hands. The stock had previously closed at C$0.07.
Melkior Resources Price Performance
The company has a market cap of C$2.23 million, a price-to-earnings ratio of -3.25 and a beta of 2.34. The firm has a 50-day moving average price of C$0.07 and a 200 day moving average price of C$0.08.
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.
Further Reading
- Five stocks we like better than Melkior Resources
- What is a Death Cross in Stocks?
- 4 Social Media Stocks Set to Gain as TikTok Ban Looms
- Low PE Growth Stocks: Unlocking Investment Opportunities
- How Do Stock Buybacks Affect Shareholders?
- The 3 Best Blue-Chip Stocks to Buy Now
- JPMorgan Chase & Co. Stock Can Hit $300 This Year
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.
