Great Atlantic Resources (CVE:GR) Shares Down 17.6% – Time to Sell?

Great Atlantic Resources Corp. (CVE:GR)’s stock price traded down 17.6% on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. 330,302 shares traded hands during trading, an increase of 225% from the average session volume of 101,587 shares. The stock had previously closed at C$0.09.

Great Atlantic Resources Trading Down 17.6%

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 has a market capitalization of C$4.54 million, a PE ratio of -1.75 and a beta of 2.38. The company’s fifty day simple moving average is C$0.12 and its 200-day simple moving average is C$0.10.

About Great Atlantic Resources

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.