Melkior Resources (CVE:MKR) Shares Down 4.5%

Melkior Resources Inc. (CVE:MKRGet Free Report)’s stock price was down 4.5% during mid-day trading on Monday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 30,500 shares traded hands during trading, a decline of 9% from the average daily volume of 33,418 shares. The stock had previously closed at C$0.11.

Melkior Resources Trading Down 4.5 %

The firm’s fifty day moving average is C$0.12 and its 200-day moving average is C$0.13. The stock has a market capitalization of C$3.60 million, a PE ratio of -5.25 and a beta of 2.50.

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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