| MAE Stock | | | CAD 0.06 0 5.17% |
Insider
CMA CPA is VP CFO of Maritime Resources Corp
| Address | 650 West Georgia Street, Vancouver, BC, Canada, V6B 4P7 |
| Phone | 604 687 0411 |
| Web | https://www.maritimeresourcescorp.com |
Maritime Resources Management Efficiency
The company has return on total asset
(ROA) of
(0.0435) % which means that it has lost $0.0435 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.1374) %, meaning that it generated substantial loss on money invested by shareholders. Maritime Resources' management efficiency ratios could be used to measure how well Maritime Resources manages its routine affairs as well as how well it operates its assets and liabilities.
Return On Tangible Assets is likely to drop to -0.05 in 2024.
Return On Capital Employed is likely to drop to -0.04 in 2024. At this time, Maritime Resources'
Total Assets are fairly stable compared to the past year.
Non Current Assets Total is likely to climb to about 52.9
M in 2024, whereas
Other Assets are likely to drop slightly above 95.5
K in 2024.
Maritime Resources Corp has accumulated 5.64
M in total debt with debt to equity ratio
(D/E) of 0.9, which is about average as compared to similar companies. Maritime Resources Corp has a current ratio of 2.42, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Maritime Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Maritime Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Maritime Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Maritime to invest in growth at high rates of return. When we think about Maritime Resources' use of debt, we should always consider it together with cash and equity.
Maritime Resources Corp. engages in the exploration and development of mineral properties in Canada. The company was incorporated in 2007 and is based in Vancouver, Canada. MARITIME RESOURCES operates under Gold classification in Canada and is traded on TSX Venture Exchange. Maritime Resources Corp (MAE) is traded on TSX Venture Exchange in Canada and employs 11 people. Maritime Resources is listed under Metals & Mining category by Fama And French industry classification.
Management Performance
Maritime Resources Corp Leadership Team
Elected by the shareholders, the Maritime Resources' board of directors comprises two types of representatives: Maritime Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Maritime. The board's role is to monitor Maritime Resources' management team and ensure that shareholders' interests are well served. Maritime Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Maritime Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| CMA CPA, VP CFO | |
| Tania CPIR, Head Relations | |
| BComm CMA, CFO Finance | |
| Catherine DiVito, Ma Relations | |
| BE BASc, CEO Pres | |
| Jeremy PGeo, Technical Exploration | |
| Peter Goudie, Operations Manager | |
| Allan Williams, Director | |
| David McCue, Independent Director | |
| Perry Blanchard, Vice Sustainability | |
| LLB LLB, Co Sec | |
Maritime Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Maritime Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Additional Tools for Maritime Stock Analysis
When running Maritime Resources' price analysis, check to
measure Maritime Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Maritime Resources is operating at the current time. Most of Maritime Resources' value examination focuses on studying past and present price action to
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