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Maritime Resources Corp.TSXV:MAE Stock Report

Market Cap CA$250.5m
Share Price
CA$2.02
My Fair Value
CA$2.4
15.8% undervalued intrinsic discount
1Y236.7%
7D-20.2%
Portfolio Value
View

Maritime Resources Corp.

TSXV:MAE Stock Report

Market Cap: CA$250.5m

Maritime Resources (MAE) Stock Overview

A junior gold and base metals exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. More details

MAE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

MAE Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

Maritime Resources Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Maritime Resources
Historical stock prices
Current Share PriceCA$2.02
52 Week HighCA$2.90
52 Week LowCA$0.50
Beta1.47
1 Month Change-18.88%
3 Month Change54.20%
1 Year Change236.67%
3 Year Change348.89%
5 Year Change49.63%
Change since IPO12.22%

Recent News & Updates

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
7D-20.2%-5.1%0.4%
1Y236.7%59.2%19.5%

Return vs Industry: MAE exceeded the Canadian Metals and Mining industry which returned 59.4% over the past year.

Return vs Market: MAE exceeded the Canadian Market which returned 19.4% over the past year.

Price Volatility

Is MAE's price volatile compared to industry and market?
MAE volatility
MAE Average Weekly Movement11.2%
Metals and Mining Industry Average Movement12.8%
Market Average Movement9.9%
10% most volatile stocks in CA Market20.5%
10% least volatile stocks in CA Market3.0%

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 (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/aGarett Macdonaldwww.maritimeresourcescorp.com

Maritime Resources Corp., a junior gold and base metals exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, lead, zinc, coper, and silver deposit. The company was incorporated in 2007 and is based in Vancouver, Canada.

Maritime Resources Corp. Fundamentals Summary

How do Maritime Resources's earnings and revenue compare to its market cap?
MAE fundamental statistics
Market capCA$250.54m
Earnings (TTM)-CA$4.17m
Revenue (TTM)CA$3.40m
73.7x
P/S Ratio
-60.1x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MAE income statement (TTM)
RevenueCA$3.40m
Cost of RevenueCA$1.79m
Gross ProfitCA$1.61m
Other ExpensesCA$5.78m
Earnings-CA$4.17m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.034
Gross Margin47.45%
Net Profit Margin-122.57%
Debt/Equity Ratio10.7%

How did MAE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/26 08:50
End of Day Share Price 2025/10/24 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Maritime Resources Corp. is covered by 3 analysts. 1 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
Brandon GasparSCP Resource Finance LP