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Maritime Resources TSXV:MAE Stock Report

Last Price

CA$0.055

Market Cap

CA$45.7m

7D

0%

1Y

22.2%

Updated

27 Dec, 2024

Data

Company Financials

Maritime Resources Corp.

TSXV:MAE Stock Report

Market Cap: CA$45.7m

MAE Stock Overview

An exploration stage company, engages in the exploration and development of mineral properties. More details

MAE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Maritime Resources Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Maritime Resources
Historical stock prices
Current Share PriceCA$0.055
52 Week HighCA$0.065
52 Week LowCA$0.035
Beta1.37
1 Month Change-8.33%
3 Month Change22.22%
1 Year Change22.22%
3 Year Change-57.69%
5 Year Change-31.25%
Change since IPO-69.44%

Recent News & Updates

Health Check: How Prudently Does Maritime Resources (CVE:MAE) Use Debt?

Dec 20
Health Check: How Prudently Does Maritime Resources (CVE:MAE) Use Debt?

Recent updates

Health Check: How Prudently Does Maritime Resources (CVE:MAE) Use Debt?

Dec 20
Health Check: How Prudently Does Maritime Resources (CVE:MAE) Use Debt?

Is Maritime Resources (CVE:MAE) Using Too Much Debt?

Jun 11
Is Maritime Resources (CVE:MAE) Using Too Much Debt?

An Intrinsic Calculation For Maritime Resources Corp. (CVE:MAE) Suggests It's 21% Undervalued

Mar 03
An Intrinsic Calculation For Maritime Resources Corp. (CVE:MAE) Suggests It's 21% Undervalued

Is Maritime Resources (CVE:MAE) In A Good Position To Invest In Growth?

Apr 12
Is Maritime Resources (CVE:MAE) In A Good Position To Invest In Growth?

Is Maritime Resources (CVE:MAE) In A Good Position To Deliver On Growth Plans?

Nov 30
Is Maritime Resources (CVE:MAE) In A Good Position To Deliver On Growth Plans?

Shareholder Returns

MAECA Metals and MiningCA Market
7D0%0.7%0.9%
1Y22.2%19.2%15.7%

Return vs Industry: MAE exceeded the Canadian Metals and Mining industry which returned 19.4% over the past year.

Return vs Market: MAE exceeded the Canadian Market which returned 15.9% over the past year.

Price Volatility

Is MAE's price volatile compared to industry and market?
MAE volatility
MAE Average Weekly Movement12.7%
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: MAE has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: MAE's weekly volatility (13%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/aGarett Macdonaldwww.maritimeresourcescorp.com

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.

Maritime Resources Corp. Fundamentals Summary

How do Maritime Resources's earnings and revenue compare to its market cap?
MAE fundamental statistics
Market capCA$45.71m
Earnings (TTM)-CA$5.59m
Revenue (TTM)n/a

0.0x

P/S Ratio

-8.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MAE income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$5.59m
Earnings-CA$5.59m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0067
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio13.4%

How did MAE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 20:42
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Maritime Resources Corp. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Carey MacRuryCanaccord Genuity
Michael FairbairnCanaccord Genuity
George ToppingiA Capital Markets