Maritime Resources Corp. (CVE:MAE – Get Free Report) shares rose 14.3% during mid-day trading on Friday . The company traded as high as C$0.13 and last traded at C$0.12. Approximately 1,623,850 shares changed hands during trading, an increase of 206% from the average daily volume of 530,627 shares. The stock had previously closed at C$0.11.
Maritime Resources Trading Up 9.5 %
The business’s 50-day simple moving average is C$0.09 and its 200-day simple moving average is C$0.07. The company has a market cap of C$95.57 million, a price-to-earnings ratio of -5.75 and a beta of 1.38. The company has a debt-to-equity ratio of 16.11, a current ratio of 1.83 and a quick ratio of 7.08.
About Maritime Resources
Maritime Resources Corp., an exploration stage company, engages in the exploration and development of mineral properties. The company primarily explores for gold, silver, copper, lead, and zinc deposits. It also holds 100% interests in the Lac Pelletier project that consists of 16 mineral claims and 1 mining lease covering an area of 443 hectares located in Rouyn Noranda, Quebec; and Wright Property located in Temiscaming, Canada.
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