Melcor Developments Ltd.
MODVF · OTC
Market closed$13.74$0.105000 (+0.77%)After hours $13.74 · 0.00%
Key statistics
Previous close$13.64
Open$13.74
Day high$13.74
Day low$13.74
52-week high$14.04
52-week low$10.15
Market cap412.71M
Volume100.00
Average volume304.00
P/E ratio8.52
Forward P/E—
EPS1.61
Dividend yield+4.78%
Market context
Why it moved
MODVF edged modestly higher today, likely supported by light opportunistic buying as low trading volume and the absence of any company-specific negative catalysts allowed the stock to drift up from its previous close.
What is happening
Recent company-specific developments and publisher coverage.
GlobeNewswire · June 8, 2026Melcor Developments Ltd. Announces Normal Course Issuer BidGlobeNewswire · March 10, 2026Melcor Developments announces results for 2025, declaresRENX · March 8, 2025Melcor increases offer to take Melcor REIT privatePR Newswire Canada · October 15, 2024Telsec Property Corporation Rejects the "Take Under" offer for the Melcor REIT by Melcor Developments Limited and urges all Unit Holders to vote NO. Unit Price Tender Offer is far below the Net Asset Value Mt Newswire · June 8, 2026Melcor Developments Says Toronto Stock Exchange Approved Normal Course Issuer Bid Benzinga · May 7, 2026Melcor Developments Q1 EPS $0.76 Up From $0.16 YoY, Sales $45.365M Down From $50.743M YoY Mt Newswire · May 7, 2026Earnings Flash (MRD.TO) Melcor Developments Reports Q1 Revenue $45.4M at a Gross Margin of 48.1% Mt Newswire · March 11, 2026Melcor Developments Q4 Net Income Falls, Despite a Rise in Revenue Mt Newswire · November 7, 2025-- Earnings Flash (MRD.TO) Melcor Developments Reported Q3 Revenue Up 21.9% to $72.5M; Basic Earnings Per Share was $0.46 per share