Maritime Resources (CVE:MAE) Trading 20% Higher

Maritime Resources Corp. (CVE:MAEGet Free Report) shares rose 20% on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 576,000 shares traded hands during mid-day trading, an increase of 112% from the average daily volume of 272,279 shares. The stock had previously closed at C$0.05.

Maritime Resources Trading Up 9.1 %

The business’s 50-day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The company has a quick ratio of 7.08, a current ratio of 1.38 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of C$32.74 million, a PE ratio of -9.00 and a beta of 1.31.

Maritime Resources Company Profile

(Get Free Report)

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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