Maritime Resources Corp. (CVE:MAE – Get Free Report) rose 5.2% during mid-day trading on Thursday . The company traded as high as C$2.26 and last traded at C$2.24. Approximately 459,522 shares changed hands during trading, an increase of 249% from the average daily volume of 131,580 shares. The stock had previously closed at C$2.13.
Maritime Resources Price Performance
The company has a debt-to-equity ratio of 16.11, a current ratio of 1.83 and a quick ratio of 7.08. The firm’s 50 day moving average is C$2.24 and its 200 day moving average is C$2.24. The firm has a market cap of C$277.83 million, a P/E ratio of -48.96 and a beta of 1.46.
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. In addition, the company holds interests in the Green Bay project, as well as Whisker Valley project situated in Newfoundland and Labrador; and Orion deposit located to the east of Hammerdown.
Featured Articles
- Five stocks we like better than Maritime Resources
- Credo Technologies Accelerates AI—Its Stock Price Will Follow
- Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
- Jabil Just Gave Investors a Stronger Reason to Buy the Dip
- CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge
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.
