Maritime Resources Corp. (CVE:MAE – Get Free Report) was down 16.7% on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 141,976 shares changed hands during mid-day trading, a decline of 39% from the average daily volume of 230,954 shares. The stock had previously closed at C$0.06.
Maritime Resources Stock Performance
The company has a quick ratio of 7.08, a current ratio of 1.83 and a debt-to-equity ratio of 16.11. The business has a 50 day moving average price of C$0.06 and a two-hundred day moving average price of C$0.05. The stock has a market cap of C$45.71 million, a P/E ratio of -2.75 and a beta of 1.38.
Maritime Resources Company Profile
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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