Shares of Maritime Resources Corp. (CVE:MAE – Get Free Report) traded down 16.7% during mid-day trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. 141,976 shares were traded during mid-day trading, a decline of 39% from the average session volume of 230,954 shares. The stock had previously closed at C$0.06.
Maritime Resources Stock Performance
The company has a debt-to-equity ratio of 16.11, a current ratio of 1.83 and a quick ratio of 7.08. The firm’s 50 day moving average price is C$0.06 and its 200 day moving average price is C$0.05. The stock has a market capitalization 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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