Maritime Resources Corp. (CVE:MAE - Get Free Report) traded up 20.4% during mid-day trading on Thursday . The company traded as high as C$1.34 and last traded at C$1.30. 367,257 shares were traded 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 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 company has a market capitalization of C$1.12 billion, a P/E ratio of -67.50 and a beta of 1.38. The business's fifty day simple moving average is C$0.22 and its 200-day simple moving average is C$0.12.
Insider Buying and Selling at Maritime Resources
In other Maritime Resources news, Director Garett Macdonald sold 500,000 shares of Maritime Resources stock in a transaction 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 currently owned by insiders.
About Maritime Resources
(
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.
See Also
Before you consider Maritime Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Maritime Resources wasn't on the list.
While Maritime Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
