Maritime Resources Corp. (CVE:MAE – Get Free Report) shares rose 14.3% during mid-day trading on Friday . The stock traded as high as C$0.13 and last traded at C$0.12. Approximately 1,623,850 shares were traded 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 Price Performance
The company has a quick ratio of 7.08, a current ratio of 1.83 and a debt-to-equity ratio of 16.11. The firm’s fifty day moving average price is C$0.09 and its 200-day moving average price is C$0.07. The stock has a market cap of C$95.57 million, a P/E ratio of -5.75 and a beta of 1.38.
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.
Further Reading
- Five stocks we like better than Maritime Resources
- Want to Profit on the Downtrend? Downtrends, Explained.
- Magnificent 7 Stocks Send a Dire Warning to Markets
- 3 Tickers Leading a Meme Stock Revival
- Why Spotify Stock Still Has Room to Run in 2025
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Buy the Dip: Top Tech Stocks Analysts Say Are Undervalued
Receive News & Ratings for Maritime Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maritime Resources and related companies with MarketBeat.com's FREE daily email newsletter.
