Great Atlantic Resources (CVE:GR) Trading Down 17.6% – What’s Next?

by · The Cerbat Gem

Great Atlantic Resources Corp. (CVE:GR – Get Free Report)’s stock price traded down 17.6% on Wednesday . The stock traded as low as C$0.07 and last traded at C$0.07. 330,302 shares traded hands during trading, an increase of 225% from the average session volume of 101,587 shares. The stock had previously closed at C$0.09.

Great Atlantic Resources Stock Performance

The company has a current ratio of 0.05, a quick ratio of 0.84 and a debt-to-equity ratio of -21.63. The firm’s fifty day moving average price is C$0.12 and its 200-day moving average price is C$0.10. The firm has a market cap of C$4.54 million, a price-to-earnings ratio of -1.75 and a beta of 2.38.

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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