Maritime Resources (CVE:MAE) Sets New 1-Year High – Here’s What Happened

Maritime Resources Corp. (CVE:MAEGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$0.08 and last traded at C$0.08, with a volume of 403951 shares. The stock had previously closed at C$0.08.

Maritime Resources Stock Performance

The company has a market capitalization of C$62.33 million, a PE ratio of -3.75 and a beta of 1.38. The firm has a 50-day moving average of C$0.06 and a two-hundred day moving average of C$0.05. The company has a quick ratio of 7.08, a current ratio of 1.83 and a debt-to-equity ratio of 16.11.

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.

Further Reading

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