Maritime Resources (CVE:MAE) Reaches New 12-Month High – Here’s What Happened

Maritime Resources Corp. (CVE:MAEGet Free Report)’s share price hit a new 52-week high on Monday . The stock traded as high as C$0.08 and last traded at C$0.07, with a volume of 135867 shares traded. The stock had previously closed at C$0.08.

Maritime Resources Stock Performance

The company has a debt-to-equity ratio of 16.11, a current ratio of 1.83 and a quick ratio of 7.08. The company has a market cap of C$62.33 million, a price-to-earnings ratio of -3.75 and a beta of 1.38. The firm has a 50 day simple moving average of C$0.07 and a 200-day simple moving average of C$0.05.

About Maritime Resources

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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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