Maritime Resources Corp.

Maritime Resources Corp.verified

MAE.V

Price:

$0.055

Market Cap:

$45.71M

Maritime Resources Corp., an exploration stage company, engages in the exploration and development of mineral properties. It primarily explores for gold, silver, copper, lead, and zinc deposits. The company holds 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; Green Bay project, as well as Whisker Valley project situated in Newfoundland and Labrador; and Orion deposit located to the east of Hammerdown. The company was incorporated in 2007 and is based in Vancouver, Canada.[Read more]

Industry

Gold

IPO Date

2012-08-16

Stock Exchange

TSXV

Ticker

MAE.V

The Current Ratio as of November 2024 (TTM) for Maritime Resources Corp. (MAE.V) is 1.83

According to Maritime Resources Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.83. This represents a change of -31.21% compared to the average of 2.66 of the last 4 quarters.

Maritime Resources Corp. (MAE.V) Historical Current Ratio (quarterly & annually)

How has MAE.V Current Ratio performed in the past?

The mean historical Current Ratio of Maritime Resources Corp. over the last ten years is 3.21. The current 1.83 Current Ratio has changed 5.61% with respect to the historical average. Over the past ten years (40 quarters), MAE.V's Current Ratio was at its highest in in the December 2018 quarter at 9.78. The Current Ratio was at its lowest in in the December 2015 quarter at 0.01.

Quarterly (TTM)
Annual

Average

3.21

Median

2.89

Minimum

0.01

Maximum

9.78

Maritime Resources Corp. (MAE.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Maritime Resources Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 10.05%

Maximum Annual Current Ratio = 9.78

Minimum Annual Increase = -98.04%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.56-20.20%
20223.21-24.01%
20214.22-23.65%
20205.5334.05%
20194.13-57.79%
20189.781.27%
20170.71-44.54%
20161.2910.05%
20150.01-98.04%
20140.64-5.94%

Maritime Resources Corp. (MAE.V) Average Current Ratio

How has MAE.V Current Ratio performed in the past?

The current Current Ratio of Maritime Resources Corp. (MAE.V) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.33

5-year avg

3.93

10-year avg

3.21

Maritime Resources Corp. (MAE.V) Current Ratio vs. Peers

How is MAE.V’s Current Ratio compared to its peers?

Maritime Resources Corp.’s Current Ratio is greater than Kesselrun Resources Ltd. (0.55), less than TriStar Gold, Inc. (9.57), less than Benton Resources Inc. (4.36), less than Cartier Resources Inc. (14.12), less than Independence Gold Corp. (3.14),

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