Great Atlantic Resources (CVE:GR) Trading 27.3% Higher – Here’s Why

by · The Markets Daily

Great Atlantic Resources Corp. (CVE:GR – Get Free Report)’s share price rose 27.3% during mid-day trading on Friday . The stock traded as high as C$0.15 and last traded at C$0.14. Approximately 919,298 shares changed hands during mid-day trading, an increase of 325% from the average daily volume of 216,207 shares. The stock had previously closed at C$0.11.

Great Atlantic Resources News Summary

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

  • Positive Sentiment: Multiple market headlines report a sharp uptick in GR shares today, which can attract momentum traders and further buying interest in a small‑cap stock. Article Title
  • Neutral Sentiment: There does not appear to be an accompanying press release or regulatory filing cited by those alerts—meaning the move may be technical or sentiment‑driven rather than news‑driven. Monitor SEDAR/SEDAR+ or company channels for any subsequent corporate disclosure. Article Title
  • Negative Sentiment: GR is a micro‑cap, low‑liquidity miner: market cap ~C$10.4M, 52‑week range C$0.04–C$0.23, a high beta (2.42) and thin fundamentals (negative P/E, weak current ratio). Those features increase the risk of a quick reversal or outsized volatility; position sizing and exit plans are essential. (See background metrics supplied above.)

Great Atlantic Resources Stock Performance

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 firm has a 50 day moving average price of C$0.08 and a 200 day moving average price of C$0.11. The stock has a market cap of C$10.38 million, a PE ratio of -4.00 and a beta of 2.42.

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. 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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