Great Atlantic Resources (CVE:GR) Trading 41.2% Higher – Here’s What Happened

by · The Markets Daily

Great Atlantic Resources Corp. (CVE:GR – Get Free Report) traded up 41.2% during trading on Thursday . The stock traded as high as C$0.12 and last traded at C$0.12. 375,737 shares were traded during trading, an increase of 152% from the average session volume of 149,283 shares. The stock had previously closed at C$0.09.

Great Atlantic Resources Trading Up 45.5%

The company’s 50 day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.11. The company has a quick ratio of 0.84, a current ratio of 0.05 and a debt-to-equity ratio of -21.63. The company has a market capitalization of C$10.38 million, a price-to-earnings ratio of -4.00 and a beta of 2.42.

About Great Atlantic Resources

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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. It holds interests in Glenelg Vanadium, Kagoot Brook Cobalt, MacDougal Road, Keymet, Mascarene, Mount Raymond, and Porcupine properties located in New Brunswick; Pilley's Island and South Quarry properties located in Newfoundland; and Mitchell Brook property located in Nova Scotia.

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