Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Maritime Resources Corp., an exploration stage company, engages in the exploration and development of mineral properties. It primarily explores for gold, silver, copper, lead, and zinc deposits. The company holds 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; Green Bay project, as well as Whisker Valley project situated in Newfoundland and Labrador; and Orion deposit located to the east of Hammerdown. The company was incorporated in 2007 and is based in Vancouver, Canada.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is underpriced on P/E.
Target Price
The average target price of MAE.V is 2.4 and suggests 7% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation s
