Great Atlantic Resources (CVE:GR) Stock Price Down 8.3% – Here’s What Happened
by Sarita Garza · The Markets DailyGreat Atlantic Resources Corp. (CVE:GR – Get Free Report) shares fell 8.3% during mid-day trading on Thursday . The stock traded as low as C$0.11 and last traded at C$0.11. 239,429 shares were traded during mid-day trading, an increase of 68% from the average session volume of 142,697 shares. The stock had previously closed at C$0.12.
Great Atlantic Resources Price Performance
The stock has a market capitalization of C$7.13 million, a PE ratio of -2.75 and a beta of 2.42. The company has a debt-to-equity ratio of -21.63, a current ratio of 0.05 and a quick ratio of 0.84. The firm’s 50 day simple moving average is C$0.08 and its 200 day simple moving average is C$0.10.
Great Atlantic Resources Company Profile
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.