Shares of Maritime Resources Corp. (CVE:MAE – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.07, with a volume of 565060 shares trading hands. The stock had previously closed at C$0.06.
Maritime Resources Stock Up 8.3 %
The firm’s 50-day simple moving average is C$0.06 and its 200 day simple moving average is C$0.05. The company has a debt-to-equity ratio of 16.11, a quick ratio of 7.08 and a current ratio of 1.83. The stock has a market capitalization of C$54.02 million, a P/E ratio of -3.25 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.
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