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Maritime Resources Corp

Industry: Gold

Sector: Basic Materials

Primary metal: Gold

About

Maritime Resources Corp. is a Canadian mineral exploration and development company focused on advancing gold projects in the Baie Verte mining district of Newfoundland and Labrador. The company’s primary objective is to delineate and de-risk near-surface gold resources with potential for future production, supported by established regional infrastructure and a historic mining footprint. Maritime Resources Corp. concentrates on precious metals, with gold as the core commodity, and may also evaluate associated base-metal opportunities typical of Atlantic Canada’s volcanogenic terrains. Its role in the market centers on the junior mining lifecycle: securing prospective ground, conducting drilling and technical studies, and progressing projects toward feasibility and potential partnerships or development pathways. The company executed a 1-for-10 share consolidation in mid-2025 to streamline its capital structure, a common step among juniors preparing for next-stage financing and project advancement. As part of Canada’s robust mining ecosystem, Maritime Resources Corp. provides investors with exposure to exploration-driven value creation tied to resource growth, technical de-risking, and permitting milestones in a well-known gold jurisdiction.

CEO

Mr. Garett Macdonald B.E., BASc., M.B.A., MBA, P.Eng, P.Eng.

Contact Info

650 West Georgia Street

Vancouver, BC V6B 4P7

Canada

416 365 5321

info@maritimegold.com

https://www.maritimeresourcescorp.com

Stock Performance

1 Week: 11.44%

1 Month: -15.47%

3 Months: 79.20%

This Year: 3633.33%

1 Year: 4380.00%

3 Years: 4380.00%

5 Years: 1300.00%

Symbol: MAEExchange: TSXVCurrency: CAD

52-week low: 0.50

52-week high: 2.90

50-day ma: 2.23

200-day ma: 1.36

Shares Short: 62,197

Short ratio: 0.61

Avg volume: 155,443

Beta: 1.69

Market Cap

278 M

Shares out

124.03 M

Cash

(2025-06-30)

21 M

Debt

(2025-06-30)

7.39 M

Cashflow

-1.8 M

Free cashflow

-9.18 M

Revenue

3.4 M

Gross profit

1.61 M

Profit margin

-1.23%

Ebitda

N/A

P/E Ratio

-23.39

Dividend yield

0.00%

Projects and resources

View all projects
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Hammerdown
FSOpen pit

Primary metal:Gold
Location:Canada
Status:Development
Deposit type:Mesothermal gold
Green Bay
FSUnderground

Primary metal:Gold
Location:Canada
Status:Development
Deposit type:Mesothermal gold

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