Maritime Resources Corp. (CVE:MAE – Get Free Report) shares were up 7.7% during mid-day trading on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 748,732 shares traded hands during mid-day trading, an increase of 147% from the average daily volume of 303,553 shares. The stock had previously closed at C$0.07.
Maritime Resources Price Performance
The company’s 50 day moving average price is C$0.06 and its 200-day moving average price is C$0.05. The company has a market cap of C$62.33 million, a price-to-earnings ratio of -3.75 and a beta of 1.38. 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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