Maritime Resources Corp. (CVE:MAE – Get Free Report)’s stock price traded up 7.7% during mid-day trading on Wednesday . The company traded as high as C$0.07 and last traded at C$0.07. 748,732 shares were traded during mid-day trading, an increase of 147% from the average session volume of 303,553 shares. The stock had previously closed at C$0.07.
Maritime Resources Stock 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 company has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.05. The stock has a market capitalization of C$58.17 million, a P/E ratio of -3.50 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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