Maritime Resources Corp. (CVE:MAE – Get Free Report) traded up 13.3% during mid-day trading on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. 1,429,112 shares changed hands during trading, an increase of 183% from the average session volume of 505,700 shares. The stock had previously closed at C$0.08.
Maritime Resources Stock Up 6.7 %
The firm 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 debt-to-equity ratio of 16.11, a quick ratio of 7.08 and a current ratio of 1.83. The business’s 50 day moving average is C$0.07 and its 200-day moving average is C$0.05.
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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