Maritime Resources Corp. (CVE:MAE - Get Free Report) traded 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 mid-day 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 Trading Up 20.4%
The company's 50 day moving average price is C$0.17 and its 200 day moving average price is C$0.11. The firm has a market cap of C$1.08 billion, a PE ratio of -65.00 and a beta of 1.38. The company has a debt-to-equity ratio of 16.11, a current ratio of 1.83 and a quick ratio of 7.08.
Insider Activity at Maritime Resources
In related news, Director Garett Macdonald sold 500,000 shares of the firm'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 value of C$55,000.00. 43.96% of the stock is owned by corporate 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.
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