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Maritime Resources (CVE:MAE) Sets New 52-Week High - Here's What Happened

Maritime Resources logo with Basic Materials background

Maritime Resources Corp. (CVE:MAE - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as C$0.08 and last traded at C$0.07, with a volume of 135867 shares trading hands. The stock had previously closed at C$0.08.

Maritime Resources Price Performance

The company has a market capitalization of C$66.48 million, a price-to-earnings ratio of -4.00 and a beta of 1.38. The company has a debt-to-equity ratio of 16.11, a quick ratio of 7.08 and a current ratio of 1.83. The business has a 50 day moving average price of C$0.07 and a 200-day moving average price of C$0.05.

Maritime Resources Company Profile

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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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