Shares of Maritime Resources Corp. (CVE:MAE – Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08, with a volume of 497000 shares. The stock had previously closed at C$0.08.
Maritime Resources Stock Performance
The firm’s fifty day moving average is C$0.06 and its two-hundred day moving average is C$0.05. The company has a quick ratio of 7.08, a current ratio of 1.83 and a debt-to-equity ratio of 16.11. The firm has a market cap of C$62.33 million, a P/E ratio of -3.75 and a beta of 1.38.
About Maritime Resources
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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