Dashboard
1
With a growth in Net Sales of INF%, the company declared Very Positive results in Jun 25
- The company has declared positive results in Jan 70 after 6 consecutive negative quarters
- RAW MATERIAL COST(Y) Fallen by -2,119% (YoY)
- NET SALES(9M) Higher at CAD 3.4 MM
- CASH AND EQV(HY) Highest at CAD 24.1 MM
2
Risky -
3
Market Beating performance in long term as well as near term
Stock DNA
Gems, Jewellery And Watches
CAD 230 Million (Small Cap)
NA (Loss Making)
NA
0.00%
-0.22
-6.46%
3.62
Revenue and Profits:
Net Sales:
3 Million
(Quarterly Results - Jun 2025)
Net Profit:
0 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
82.11%
0%
82.11%
6 Months
94.78%
0%
94.78%
1 Year
348.0%
0%
348.0%
2 Years
419.84%
0%
419.84%
3 Years
367.84%
0%
367.84%
4 Years
1623.08%
0%
1623.08%
5 Years
1393.33%
0%
1393.33%
Maritime Resources Corp. for the last several years.
Risk Adjusted Returns v/s 
News

Maritime Resources Corp. Hits Day High with 14.75% Surge in Stock Performance
Maritime Resources Corp. has seen notable stock performance, with significant increases over various time frames, including a remarkable annual return. The company reported net sales of CAD 3.4 million and maintains a strong cash position. However, it faces risks due to historical valuation metrics.
Read More Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
34.49%
EBIT Growth (5y)
-19.13%
EBIT to Interest (avg)
-2.39
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0.09
Sales to Capital Employed (avg)
0.05
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
5.06
EV to EBIT
-100.54
EV to EBITDA
-117.51
EV to Capital Employed
6.19
EV to Sales
90.58
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-6.15%
ROE (Latest)
-6.46%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
Mildly Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY
Jun'25
Jun'24
Change(%)
Net Sales
3.40
0.00
Operating Profit (PBDIT) excl Other Income
0.00
-1.40
100.00%
Interest
0.50
0.40
25.00%
Exceptional Items
-0.10
0.00
Consolidate Net Profit
0.50
-1.80
127.78%
Operating Profit Margin (Excl OI)
-25.40%
0.00%
-2.54%
USD in Million.
Net Sales
YoY Growth in quarter ended Jun 2025 is 0.00% vs 0.00% in Jun 2024
Consolidated Net Profit
YoY Growth in quarter ended Jun 2025 is 127.78% vs -350.00% in Jun 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
0.00
0.00
Operating Profit (PBDIT) excl Other Income
-4.50
-2.60
-73.08%
Interest
1.80
0.70
157.14%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-6.90
-2.50
-176.00%
Operating Profit Margin (Excl OI)
0.00%
0.00%
NA
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 0.00% vs 0.00% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -176.00% vs -38.89% in Dec 2023
About Maritime Resources Corp. 
Maritime Resources Corp.
Gems, Jewellery And Watches
Maritime Resources Corp. (Maritime) is a gold and base metals exploration and development company. The Company operates in mineral exploration and development segment. The Company focuses on Canadian mining opportunities. Maritime's Green Bay property in central Newfoundland and Labrador hosts the Company's gold and base metal deposits. The Orion Gold deposit is situated approximately 1.5 kilometers to the Southwest and the Lochinvar base-precious metal deposit is located over one kilometer East of Hammerdown. Maritime holds over 51.7 square kilometers (approximately 12,775 acres) of Green Bay property, which hosts the Company's gold and base metal deposits. The Green Bay property is host to approximately four gold deposits. In addition, Maritime is in the process of engaging an Environmental Engineering consulting firm to assist in the permitting process to bring the Hammerdown project back into production.
Company Coordinates 
Company Details
110 Yonge Street, Suite 1900 , TORONTO ON : M5C 1T4
Registrar Details






