Melkior Resources (CVE:MKR) Trading 10% Higher

Shares of Melkior Resources Inc. (CVE:MKRGet Free Report) rose 10% during trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 7,000 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 29,454 shares. The stock had previously closed at C$0.10.

Melkior Resources Stock Up 10.0 %

The firm has a market cap of C$3.77 million, a P/E ratio of -5.50 and a beta of 2.54. The firm’s 50-day simple moving average is C$0.12 and its 200 day simple moving average is C$0.13.

About Melkior Resources

(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.

Further Reading

Receive News & Ratings for Melkior Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melkior Resources and related companies with's FREE daily email newsletter.