Maritime Resources (CVE:MAE) Sets New 12-Month High at $0.07

Maritime Resources Corp. (CVE:MAEGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.07, with a volume of 394500 shares changing hands. The stock had previously closed at C$0.06.

Maritime Resources Price Performance

The company has a debt-to-equity ratio of 14.93, a current ratio of 4.88 and a quick ratio of 7.08. The firm has a market cap of C$38.72 million, a price-to-earnings ratio of -6.50 and a beta of 1.46. The business’s 50-day moving average price is C$0.06 and its two-hundred day moving average price is C$0.05.

About Maritime Resources

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Maritime Resources Corp., an exploration stage company, engages in the exploration and development of mineral properties. It primarily explores for gold, silver, copper, lead, and zinc deposits. The company 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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