Maritime Resources (CVE:MAE) Trading Up 13.3% – What’s Next?

Maritime Resources Corp. (CVE:MAEGet Free Report) shares were up 13.3% on Friday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 1,429,112 shares were traded during 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 Trading 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 fifty day moving average price of C$0.07 and a 200-day moving average price of C$0.05. The company has a current ratio of 1.83, a quick ratio of 7.08 and a debt-to-equity ratio of 16.11.

Maritime Resources Company Profile

(Get Free Report)

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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