Great Atlantic Resources (CVE:GR) Trading Down 14.3% – What’s Next?

by · The Cerbat Gem

Great Atlantic Resources Corp. (CVE:GR – Get Free Report)’s stock price was down 14.3% on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 445,649 shares traded hands during mid-day trading, an increase of 332% from the average daily volume of 103,249 shares. The stock had previously closed at C$0.07.

Great Atlantic Resources Stock Down 14.3%

The stock has a market capitalization of C$3.89 million, a price-to-earnings ratio of -1.50 and a beta of 2.38. 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 business’s 50-day moving average is C$0.11 and its two-hundred day moving average is C$0.10.

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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