Melkior Resources Inc. (CVE:MKR – Get Free Report) shares rose 13.3% during mid-day trading on Tuesday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 182,550 shares traded hands during mid-day trading, an increase of 277% from the average daily volume of 48,460 shares. The stock had previously closed at C$0.08.
Melkior Resources Stock Performance
The stock has a market capitalization of C$2.74 million, a P/E ratio of -4.00 and a beta of 2.34. The firm has a 50-day moving average price of C$0.08 and a 200 day moving average price of C$0.09.
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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