Great Atlantic Resources (CVE:GR) Shares Up 45.5% – Should You Buy?

Great Atlantic Resources Corp. (CVE:GRGet Free Report) traded up 45.5% during trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. 268,518 shares changed hands during mid-day trading, an increase of 158% from the average session volume of 104,032 shares. The stock had previously closed at C$0.06.

Great Atlantic Resources Trading Down 6.3%

The firm has a market cap of C$4.86 million, a P/E ratio of -1.88 and a beta of 1.93. The business’s 50-day moving average is C$0.11 and its two-hundred day moving average is C$0.10. The company has a current ratio of 0.05, a quick ratio of 0.84 and a debt-to-equity ratio of -21.63.

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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