Maritime Resources Corp. (CVE:MAE - Get Free Report) shot up 20.4% during trading on Thursday . The stock traded as high as C$1.34 and last traded at C$1.30. 367,257 shares traded hands during trading, an increase of 589% from the average session volume of 53,288 shares. The stock had previously closed at C$1.08.
Maritime Resources Stock 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 stock has a market cap of C$1.12 billion, a P/E ratio of -67.50 and a beta of 1.38. The firm's 50 day moving average is C$0.22 and its 200 day moving average is C$0.12.
Insider Buying and Selling
In other Maritime Resources news, Director Garett Macdonald sold 500,000 shares of the company's stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of C$0.11, for a total transaction of C$55,000.00. 43.96% of the stock is currently owned by company insiders.
Maritime Resources Company Profile
(
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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.
See Also
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