Great Atlantic Resources (CVE:GR) Shares Down 14.3% – Time to Sell?

Great Atlantic Resources Corp. (CVE:GRGet Free Report) fell 14.3% on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. 445,649 shares traded hands during mid-day trading, an increase of 332% from the average session volume of 103,249 shares. The stock had previously closed at C$0.07.

Great Atlantic Resources Stock Performance

The company has a current ratio of 0.05, a quick ratio of 0.84 and a debt-to-equity ratio of -21.63. The company’s 50-day moving average price is C$0.11 and its two-hundred day moving average price is C$0.10. The company has a market cap of C$3.89 million, a P/E ratio of -1.50 and a beta of 2.38.

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.

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