Maritime Resources Corp. (CVE:MAE – Get Free Report)’s share price was up 7.7% on Wednesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 748,363 shares traded hands during trading, an increase of 141% from the average daily volume of 310,259 shares. The stock had previously closed at C$0.07.
Maritime Resources Stock Performance
The firm has a market cap of C$62.33 million, a price-to-earnings ratio of -3.75 and a beta of 1.38. The firm’s 50 day moving average is C$0.06 and its 200-day 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.
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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