Great Atlantic Resources (CVE:GR) Trading Down 14.3% – Time to Sell?

by · The Cerbat Gem

Great Atlantic Resources Corp. (CVE:GR – Get Free Report)’s stock price dropped 14.3% during trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 202,646 shares were traded during trading, an increase of 99% from the average daily volume of 102,075 shares. The stock had previously closed at C$0.07.

Great Atlantic Resources Stock Performance

The company has a market capitalization of C$4.22 million, a price-to-earnings ratio of -1.63 and a beta of 2.38. The stock’s 50 day moving average price is C$0.12 and its 200 day moving average price is C$0.10. The company has a current ratio of 0.05, a quick ratio of 0.84 and a debt-to-equity ratio of -21.63.

Great Atlantic Resources Company Profile

(Get Free Report)

Great Atlantic Resources Corp., an exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold, silver, lead, zinc, tungsten, antimony, copper, nickel, cobalt, vanadium, and other precious and base metals. The company holds interest in the Golden Promise project located in central Newfoundland.

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