Maritime Resources Corp. (CVE:MAE – Get Free Report)’s share price shot up 7.7% during trading on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.07. 748,363 shares were traded during trading, an increase of 141% from the average session volume of 310,259 shares. The stock had previously closed at C$0.07.
Maritime Resources Price Performance
The company has a quick ratio of 7.08, a current ratio of 1.83 and a debt-to-equity ratio of 16.11. The stock’s 50 day moving average price is C$0.06 and its two-hundred day moving average price is C$0.05. The firm 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
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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