Maritime Resources Corp. (CVE:MAE – Get Free Report) traded up 13.3% on Friday . The company traded as high as C$0.09 and last traded at C$0.09. 1,429,112 shares traded hands during mid-day 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 Price Performance
The firm has a 50-day moving average of C$0.07 and a 200-day moving average of C$0.05. 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 firm has a market capitalization of C$66.48 million, a P/E ratio of -4.00 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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