Maritime Resources Corp. (CVE:MAE – Get Rating)’s share price reached a new 52-week low during trading on Friday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 123673 shares. The stock had previously closed at C$0.05.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group set a C$0.20 price objective on Maritime Resources and gave the stock a “speculative buy” rating in a research note on Tuesday, May 10th.
Maritime Resources Stock Performance
The stock has a 50 day simple moving average of C$0.06 and a 200 day simple moving average of C$0.10. The company has a current ratio of 3.57, a quick ratio of 3.53 and a debt-to-equity ratio of 1.30. The stock has a market cap of C$20.01 million and a P/E ratio of -10.00.
Maritime Resources Company Profile
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 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; Green Bay project, as well as Whisker Valley project situated in Newfoundland and Labrador; and Orion deposit located to the east of Hammerdown.
- Three Watchlist Stocks to Capitalize on Sector Rotation
- MarketBeat: Week in Review 7/18 – 7/22
- Falling Copper Prices Weigh On Freeport McMoran’s Earnings, But Long Term Fundamentals Intact
- Verizon Shares Drop On Earnings Miss, Lower Guidance
- Snap Stock Falters As Growth Slows To Record Low
Receive News & Ratings for Maritime Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maritime Resources and related companies with MarketBeat.com's FREE daily email newsletter.