Maritime Resources (OTCMKTS:MRTMF) Trading Up 8.3% – What’s Next?

Maritime Resources Corp. (OTCMKTS:MRTMF)’s stock price shot up 8.3% on Friday . The stock traded as high as $1.62 and last traded at $1.57. 5,800 shares traded hands during trading, a decline of 60% from the average session volume of 14,555 shares. The stock had previously closed at $1.45.

Maritime Resources Stock Performance

The firm’s 50-day moving average price is $1.57 and its two-hundred day moving average price is $1.41.

Maritime Resources Company Profile

Maritime Resources Corp. is a mineral exploration and development company focused on the discovery and advancement of gold deposits. The company’s principal activities include the acquisition, exploration, and development of precious metals properties, with an emphasis on deploying modern geophysical, geochemical and drilling techniques to expand known resources and identify new targets.

Maritime Resources holds a portfolio of projects on Newfoundland’s prolific Baie Verte Peninsula, a district known for past-producing gold mines and ongoing exploration success.