Melkior Resources (CVE:MKR) Hits New 12-Month Low at $0.07

Melkior Resources Inc. (CVE:MKRGet Free Report)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 173000 shares changing hands. The stock had previously closed at C$0.08.

Melkior Resources Stock Down 6.7 %

The stock has a market cap of C$2.40 million, a P/E ratio of -3.50 and a beta of 2.39. The business has a 50 day moving average price of C$0.09 and a 200 day moving average price of C$0.10.

About Melkior Resources

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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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