Maritime Resources Corp. (CVE:MAE – Get Free Report) fell 16.7% during trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05. 141,976 shares changed hands 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 stock 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 capitalization of C$45.71 million, a PE ratio of -2.75 and a beta of 1.38. The company has a debt-to-equity ratio of 16.11, a quick ratio of 7.08 and a current ratio of 1.83.
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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