MRTMF (Maritime Resources) 3-Year Book Growth Rate : -3.60% (As of Sep. 2024)

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What is Maritime Resources 3-Year Book Growth Rate?

Maritime Resources's Book Value per Share for the quarter that ended in Sep. 2024 was $0.04.

During the past 12 months, Maritime Resources's average Book Value per Share Growth Rate was -21.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was -3.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 0.50% per year. During the past 10 years, the average Book Value per Share Growth Rate was -6.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Maritime Resources was 12.00% per year. The lowest was -13.70% per year. And the median was -2.50% per year.

Competitive Comparison of Maritime Resources's 3-Year Book Growth Rate

For the Gold subindustry, Maritime Resources's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Maritime Resources's 3-Year Book Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Maritime Resources's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Maritime Resources's 3-Year Book Growth Rate falls into.

Maritime Resources 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Maritime Resources (OTCPK:MRTMF) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Maritime Resources 3-Year Book Growth Rate Related Terms

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Maritime Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Maritime Resources Corp (OTCPK:MRTMF) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

MAE:Canada

Address

650 West Georgia Street, Suite 3200, Vancouver, BC, CAN, V6B 4P7

Website

https://www.maritimeresourcescorp.com

Maritime Resources Corp is a gold exploration and development company focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador. It holds a 100% interest directly and subject to option agreements entitling it to earn 100% ownership in the Green Bay Property which includes the former Hammerdown gold mine and the Orion gold project. Maritime controls over 439 km2 of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects.