Medallion Resources Ltd. (CVE:MDL)’s share price was down 20.8% during mid-day trading on Friday . The stock traded as low as C$0.09 and last traded at C$0.10. Approximately 3,605,500 shares were traded during mid-day trading, an increase of 3,376% from the average daily volume of 103,734 shares. The stock had previously closed at C$0.12.

The company has a market cap of $3.28 million and a PE ratio of -4.14.

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About Medallion Resources (CVE:MDL)

Medallion Resources Ltd. acquires and explores for mineral resource projects. It explores for monazite, a rare earth element. The company was incorporated in 1989 and is headquartered in Vancouver, Canada.

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