Maritime Resources Corp. (CVE:MAE - Get Free Report) shares rose 14.3% during trading on Friday . The company traded as high as C$0.13 and last traded at C$0.12. Approximately 1,628,350 shares were traded during mid-day trading, an increase of 199% from the average daily volume of 544,602 shares. The stock had previously closed at C$0.11.
Maritime Resources Price Performance
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 cap of C$95.57 million, a price-to-earnings ratio of -5.75 and a beta of 1.38. The business's 50 day moving average price is C$0.09 and its 200 day moving average price is C$0.07.
About Maritime Resources
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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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