Melcor Developments (TSE:MRD) Sets New 52-Week High – Should You Buy?

Posted by Donna Armstrong on Jan 31st, 2026

Shares of Melcor Developments Ltd. (TSE:MRD – Get Free Report) reached a new 52-week high on Thursday . The company traded as high as C$16.52 and last traded at C$16.33, with a volume of 2899 shares. The stock had previously closed at C$16.30.

Melcor Developments Stock Down 0.4%

The company has a quick ratio of 2.65, a current ratio of 18.08 and a debt-to-equity ratio of 53.41. The business has a fifty day simple moving average of C$15.48 and a two-hundred day simple moving average of C$15.02. The company has a market capitalization of C$488.38 million, a price-to-earnings ratio of 8.45 and a beta of 0.62.

Melcor Developments (TSE:MRD – Get Free Report) last announced its earnings results on Thursday, November 6th. The company reported C$0.46 earnings per share (EPS) for the quarter. The business had revenue of C$72.54 million during the quarter. Melcor Developments had a net margin of 3.77% and a return on equity of 0.94%. Equities analysts expect that Melcor Developments Ltd. will post 2.3613596 EPS for the current year.

Melcor Developments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Monday, December 15th. Melcor Developments’s dividend payout ratio is 23.96%.

About Melcor Developments

(Get Free Report)

Melcor Developments Ltd is a real estate development and asset management company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions include Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.