Maritime Resources Corp. (CVE:MAE – Get Free Report) shares were up 13.3% during trading on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 1,429,112 shares traded hands during mid-day trading, an increase of 183% from the average daily volume of 505,700 shares. The stock had previously closed at C$0.08.
Maritime Resources Stock Performance
The stock’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.05. The stock has a market capitalization of C$66.48 million, a price-to-earnings ratio of -4.00 and a beta of 1.38. The company has a current ratio of 1.83, a quick ratio of 7.08 and a debt-to-equity ratio of 16.11.
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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