Melkior Resources (CVE:MKR) Trading Up 15.4% – Should You Buy?

Melkior Resources Inc. (CVE:MKR – Get Free Report) shares traded up 15.4% during trading on Tuesday . The stock traded as high as C$0.15 and last traded at C$0.15. 770,007 shares were traded during mid-day trading, an increase of 600% from the average session volume of 110,078 shares. The stock had previously closed at C$0.13.

Melkior Resources Stock Performance

The stock has a market cap of C$5.26 million, a P/E ratio of -15.00 and a beta of 1.07. The stock has a fifty day simple moving average of C$0.13 and a 200-day simple moving average of C$0.14.

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. The company was founded in 1986 and is headquartered in Timmins, Canada.

Further Reading

• Five stocks we like better than Melkior Resources
• Do not delete, read immediately
• INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
• Can Any Expenses Be Deducted From Capital Gains Tax?
• Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
• Forget AI, This Will Be the Next Big Tech Breakthrough