Melkior Resources (CVE:MKR) Sets New 12-Month Low – Here’s Why

Melkior Resources Inc. (CVE:MKRGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 36100 shares. The stock had previously closed at C$0.07.

Melkior Resources Stock Up 7.7 %

The stock has a 50-day moving average of C$0.07 and a 200 day moving average of C$0.08. The stock has a market cap of C$2.40 million, a PE ratio of -3.50 and a beta of 2.34.

Melkior Resources Company Profile

(Get Free Report)

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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