Maritime Resources Corp Stock Analysis
| MAE Stock | CAD 0.06 0 4.55% |
Maritime Resources Corp is overvalued with Real Value of 0.0446 and Hype Value of 0.06. The main objective of Maritime Resources stock analysis is to determine its intrinsic value, which is an estimate of what Maritime Resources Corp is worth, separate from its market price. There are two main types of Maritime Resources' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Maritime Resources' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Maritime Resources' stock to identify patterns and trends that may indicate its future price movements.
The Maritime Resources stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Maritime Resources is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Maritime Stock trading window is adjusted to America/Toronto timezone.
Maritime |
Maritime Stock Analysis Notes
About 44.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.26. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Maritime Resources Corp recorded a loss per share of 0.02. The entity had not issued any dividends in recent years. 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. To find out more about Maritime Resources Corp contact BE BASc at 604 687 0411 or learn more at https://www.maritimeresourcescorp.com.Maritime Resources Corp Investment Alerts
| Maritime Resources is way too risky over 90 days horizon | |
| Maritime Resources has some characteristics of a very speculative penny stock | |
| Maritime Resources appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (2.54 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Maritime Resources Corp has accumulated about 978.56 K in cash with (2.58 M) of positive cash flow from operations. | |
| Roughly 44.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Homerun Resources Signs Strategic LOI with Veracel for Exclusive Maritime Terminal Access HMRFF Stock News - StockTitan |
Maritime Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 47.78 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Maritime Resources's market, we take the total number of its shares issued and multiply it by Maritime Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Maritime Profitablity
Maritime Resources' profitability indicators refer to fundamental financial ratios that showcase Maritime Resources' ability to generate income relative to its revenue or operating costs. If, let's say, Maritime Resources is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Maritime Resources' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Maritime Resources' profitability requires more research than a typical breakdown of Maritime Resources' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | (0.04) | (0.04) | |
| Return On Assets | (0.05) | (0.05) | |
| Return On Equity | (0.07) | (0.07) |
Management Efficiency
Maritime Resources Corp 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.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.08 | 0.14 | |
| Tangible Book Value Per Share | 0.08 | 0.14 | |
| Enterprise Value Over EBITDA | (11.75) | (12.34) | |
| Price Book Value Ratio | 0.58 | 0.55 | |
| Enterprise Value Multiple | (11.75) | (12.34) | |
| Price Fair Value | 0.58 | 0.55 | |
| Enterprise Value | 15.1 M | 9.5 M |
Leadership effectiveness at Maritime Resources Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 1.383 | Return On Assets (0.04) | Return On Equity (0.14) |
Technical Drivers
As of the 24th of November, Maritime Resources secures the Risk Adjusted Performance of 0.1002, mean deviation of 3.95, and Downside Deviation of 10.88. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Maritime Resources Corp, as well as the relationship between them. Please verify Maritime Resources Corp variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Maritime Resources Corp is priced some-what accurately, providing market reflects its recent price of 0.0575 per share.Maritime Resources Corp Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Maritime Resources middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Maritime Resources Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Maritime Resources Outstanding Bonds
Maritime Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Maritime Resources Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Maritime bonds can be classified according to their maturity, which is the date when Maritime Resources Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Maritime Resources Predictive Daily Indicators
Maritime Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Maritime Resources stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Maritime Resources Forecast Models
Maritime Resources' time-series forecasting models are one of many Maritime Resources' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Maritime Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Maritime Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Maritime Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Maritime shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Maritime Resources. By using and applying Maritime Stock analysis, traders can create a robust methodology for identifying Maritime entry and exit points for their positions.
| Last Reported | Projected for Next Year |
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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 predict the probability of Maritime Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maritime Resources' price. Additionally, you may evaluate how the addition of Maritime Resources to your portfolios can decrease your overall portfolio volatility.