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Maritime Resources Corp. (V:MAE)

Business Focus: Gold

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Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for MAE within the last 6 months
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Company News

Sep 04, 2019 15:00 ET
Maritime Resources to Present at the 2019 Precious Metals Summit
Toronto, Ontario--(Newsfile Corp. - September 4, 2019) -  Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") announced that management will be attending and presenting at the upcoming Precious Metals Summit in Beaver Creek, Colorado, as well as meeting with investors throughout the conference which will be held between September 10-13.
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Aug 27, 2019 06:30 ET
Maritime Discovers New Gold Mineralization at Whisker Valley
Toronto, Ontario--(Newsfile Corp. - August 27, 2019) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce it has discovered a new area of gold mineralization as a result of a regional prospecting program at its 100% owned Whisker Valley Project ("Whisker") in the Baie Verte Mining District of Newfoundland and Labrador. The Whisker Valley property is located 6 kilometers northwest of the Company's high-grade Hammerdown gold project. Maritime has expanded the field mapping and sampling program and had expedited the mobilizing equipment to the property to initiate trenching and diamond drilling.
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Valuation Ratios

Industry
Sector
Beta
1.30
--
--
Price to Sales - TTM
--
8.52
6.38
Price to Book - most recent quarter
1.09
2.15
1.83
Price to Cash Flow per share - TTM
--
9.04
8.57
Price to Free Cash Flow per share - TTM
--
57.79
20.29
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Sep 30, 201960-15,900
Sep 15, 201915,96010,100
Aug 31, 20195,860-73,140
See Short Report

Business Summary

Sector:  Basic Materials Industry:  Gold

Maritime Resources Corp. (Maritime) is a gold and base metals exploration and development company. The Company operates in mineral exploration and development segment. The Company focuses on Canadian mining opportunities. Maritime's Green Bay property in central Newfoundland and Labrador hosts the Company's gold and base metal deposits. The Orion Gold deposit is situated approximately 1.5 kilometers to the Southwest and the Lochinvar base-precious metal deposit is located over one kilometer East of Hammerdown. Maritime holds over 51.7 square kilometers (approximately 12,775 acres) of Green Bay property, which hosts the Company's gold and base metal deposits. The Green Bay property is host to approximately four gold deposits. In addition, Maritime is in the process of engaging an Environmental Engineering consulting firm to assist in the permitting process to bring the Hammerdown project back into production.

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