Great Atlantic Resources (CVE:GR) Trading Up 45.5% – Here’s What Happened

by · The Markets Daily

Great Atlantic Resources Corp. (CVE:GR – Get Free Report) shot up 45.5% on Saturday . The company traded as high as C$0.17 and last traded at C$0.16. 1,451,973 shares changed hands during trading, an increase of 478% from the average session volume of 251,343 shares. The stock had previously closed at C$0.11.

Trending Headlines about Great Atlantic Resources

Here are the key news stories impacting Great Atlantic Resources this week:

  • Positive Sentiment: Multiple market‑news posts and alert services highlighted an intraday rally and increased volume, drawing attention and momentum buying that likely pushed the stock higher. Article Title
  • Neutral Sentiment: There is no accompanying corporate press release or material operational update publicly available to explain the jump, suggesting the move is market‑driven (newsflow/coverage and trading dynamics) rather than fundamental. Article Title
  • Negative Sentiment: GR is a small, volatile issue (small market cap, thin liquidity, elevated beta) with weak short‑term financial ratios — factors that increase risk of rapid reversals and make intraday spikes unreliable as a signal of improved fundamentals.

Great Atlantic Resources Stock Performance

The company has a debt-to-equity ratio of -21.63, a quick ratio of 0.84 and a current ratio of 0.05. The stock’s 50-day moving average is C$0.08 and its 200 day moving average is C$0.11. The firm has a market cap of C$10.38 million, a P/E ratio of -4.00 and a beta of 2.42.

About Great Atlantic Resources

(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. 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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