LLB LLB - Maritime Resources Co Sec

MAE Stock  CAD 0.06  0.01  9.09%   

Insider

LLB LLB is Co Sec of Maritime Resources Corp
Age 72
Address 650 West Georgia Street, Vancouver, BC, Canada, V6B 4P7
Phone604 687 0411
Webhttps://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.

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Hubert ParentBouchardRessources Minieres Radisson
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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

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Thematic Opportunities

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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.