Maritime Resources (CVE:MAE) Sets New 1-Year High – Here’s What Happened

Shares of Maritime Resources Corp. (CVE:MAEGet Free Report) hit a new 52-week high on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08, with a volume of 1874030 shares traded. The stock had previously closed at C$0.07.

Maritime Resources Stock Down 6.3 %

The company has a 50-day moving average of C$0.06 and a 200-day moving average of C$0.05. The company has a current ratio of 1.83, a quick ratio of 7.08 and a debt-to-equity ratio of 16.11. The company has a market capitalization of C$62.33 million, a price-to-earnings ratio of -3.75 and a beta of 1.38.

About Maritime Resources

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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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