Great Atlantic Resources (CVE:GR) Stock Price Down 14.3% – Here’s Why

Great Atlantic Resources Corp. (CVE:GRGet Free Report)’s share price fell 14.3% during trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. 443,649 shares traded hands during mid-day trading, an increase of 330% from the average session volume of 103,190 shares. The stock had previously closed at C$0.07.

Great Atlantic Resources Stock Down 14.3%

The stock has a market cap of C$3.89 million, a P/E 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 company has a 50-day simple moving average of C$0.12 and a two-hundred day simple moving average of 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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