Maritime Resources Corp. (CVE:MAE – Get Free Report) dropped 8.3% on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 117,976 shares changed hands during trading, a decline of 49% from the average daily volume of 230,954 shares. The stock had previously closed at C$0.06.
Maritime Resources Price Performance
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 market cap of C$45.71 million, a PE ratio of -2.75 and a beta of 1.38. The business has a 50-day moving average price of C$0.06 and a 200 day moving average price of C$0.05.
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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