Melkior Resources Inc. (CVE:MKR – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 155000 shares. The stock had previously closed at C$0.08.
Melkior Resources Stock Down 13.3 %
The stock has a market cap of C$2.23 million, a price-to-earnings ratio of -3.75 and a beta of 2.39. The company’s 50-day moving average is C$0.09 and its 200-day moving average is C$0.10.
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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