Great Bear Resources (OTCMKTS:GTBAF) Trading Up 2% – Should You Buy?

by · The Cerbat Gem

Great Bear Resources Ltd. (OTCMKTS:GTBAFGet Free Report)’s share price was up 2% during trading on Thursday . The company traded as high as $22.50 and last traded at $22.43. Approximately 6,000 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 46,405 shares. The stock had previously closed at $22.00.

Great Bear Resources Price Performance

The business has a 50 day moving average price of $22.43 and a 200 day moving average price of $22.43.

About Great Bear Resources

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Great Bear Resources Ltd. (OTCMKTS: GTBAF) is a Vancouver-based mineral exploration company focused on the discovery and advancement of high-grade precious metal deposits in Canada. The company’s core activities include systematic field work, geological mapping, and diamond drilling to define and expand gold resources. Great Bear holds interests in several exploration properties across Ontario, with an emphasis on projects situated along prolific geological structures known for hosting orogenic gold mineralization.

The company’s flagship asset is the Dixie Project, located in the Red Lake Gold District of northwestern Ontario.

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