Maritime Resources Corp. (TSXV:MAE)

Maritime Resources Statistics

Total Valuation

TSXV:MAE has a market cap or net worth of CAD 279.21 million. The enterprise value is 265.60 million.

Market Cap	279.21M
Enterprise Value	265.60M

Important Dates

The next estimated earnings date is Friday, November 14, 2025.

Earnings Date	Nov 14, 2025
Ex-Dividend Date	n/a

Share Statistics

TSXV:MAE has 113.96 million shares outstanding. The number of shares has increased by 54.87% in one year.

Current Share Class	113.93M
Shares Outstanding	113.96M
Shares Change (YoY)	+54.87%
Shares Change (QoQ)	+45.11%
Owned by Insiders (%)	0.96%
Owned by Institutions (%)	43.05%
Float	112.84M

Valuation Ratios

PE Ratio	n/a
Forward PE	122.50
PS Ratio	82.09
PB Ratio	4.39
P/TBV Ratio	4.39
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-63.71
EV / Sales	78.08
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	-27.90

Financial Position

The company has a current ratio of 5.05, with a Debt / Equity ratio of 0.12.

Current Ratio	5.05
Quick Ratio	4.52
Debt / Equity	0.12
Debt / EBITDA	n/a
Debt / FCF	-0.78
Interest Coverage	-2.23

Financial Efficiency

Return on equity (ROE) is -8.20% and return on invested capital (ROIC) is -4.26%.

Return on Equity (ROE)	-8.20%
Return on Assets (ROA)	-3.67%
Return on Invested Capital (ROIC)	-4.26%
Return on Capital Employed (ROCE)	-5.10%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.05
Inventory Turnover	n/a

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +437.78% in the last 52 weeks. The beta is 1.23, so TSXV:MAE's price volatility has been higher than the market average.

Beta (5Y)	1.23
52-Week Price Change	+437.78%
50-Day Moving Average	1.62
200-Day Moving Average	1.09
Relative Strength Index (RSI)	74.31
Average Volume (20 Days)	621,168

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, TSXV:MAE had revenue of CAD 3.40 million and -4.17 million in losses. Loss per share was -0.05.

Revenue	3.40M
Gross Profit	1.61M
Operating Income	-3.93M
Pretax Income	-4.17M
Net Income	-4.17M
EBITDA	-3.89M
EBIT	-3.93M
Loss Per Share	-0.05

Balance Sheet

The company has 21.00 million in cash and 7.39 million in debt, giving a net cash position of 13.61 million or 0.12 per share.

Cash & Cash Equivalents	21.00M
Total Debt	7.39M
Net Cash	13.61M
Net Cash Per Share	0.12
Equity (Book Value)	63.64M
Book Value Per Share	0.56
Working Capital	20.45M

Cash Flow

In the last 12 months, operating cash flow was -1.80 million and capital expenditures -7.72 million, giving a free cash flow of -9.52 million.

Operating Cash Flow	-1.80M
Capital Expenditures	-7.72M
Free Cash Flow	-9.52M
FCF Per Share	-0.08

Margins

Gross margin is 47.45%, with operating and profit margins of -115.42% and -122.57%.

Gross Margin	47.45%
Operating Margin	-115.42%
Pretax Margin	-122.57%
Profit Margin	-122.57%
EBITDA Margin	-114.30%
EBIT Margin	-115.42%
FCF Margin	n/a

Dividends & Yields

TSXV:MAE does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-54.87%
Shareholder Yield	n/a
Earnings Yield	-1.49%
FCF Yield	-3.41%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

The last stock split was on June 16, 2025. It was a reverse split with a ratio of 0.1.

Last Split Date	Jun 16, 2025
Split Type	Reverse
Split Ratio	0.1

Scores

TSXV:MAE has an Altman Z-Score of 1.88 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.88
Piotroski F-Score	2