Maritime Resources (CVE:MAE) Reaches New 1-Year Low at $0.06

Maritime Resources Corp (CVE:MAE) reached a new 52-week low during trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 77000 shares. The stock had previously closed at C$0.07.

The stock’s fifty day moving average price is C$0.07 and its 200 day moving average price is C$0.08. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.96 and a quick ratio of 3.94. The stock has a market capitalization of $13.27 million and a P/E ratio of -4.06.

Maritime Resources Company Profile (CVE:MAE)

Maritime Resources Corp. engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold and base metal deposits. It holds 100% interests in the Green Bay property covering 51.7 square kilometers located in Newfoundland and Labrador, Canada. The company was incorporated in 2007 and is headquartered in Vancouver, Canada.

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