Shares of Maritime Resources Corp. (CVE:MAE – Get Free Report) rose 13.3% during mid-day trading on Friday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 1,429,112 shares changed hands during trading, an increase of 163% from the average daily volume of 544,036 shares. The stock had previously closed at C$0.08.
Maritime Resources Stock Up 6.7 %
The company has a current ratio of 1.83, a quick ratio of 7.08 and a debt-to-equity ratio of 16.11. The stock has a 50-day simple moving average of C$0.07 and a 200-day simple moving average of C$0.05. The company has a market cap of C$66.48 million, a price-to-earnings ratio of -4.00 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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