Great Atlantic Resources (CVE:GR) Stock Price Down 14.3% – What’s Next?

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

Great Atlantic Resources Trading Down 14.3%

The company has a market cap of C$3.89 million, a price-to-earnings ratio of -1.50 and a beta of 2.38. The business has a fifty day simple moving average of C$0.11 and a 200 day simple moving average of C$0.10. The company has a quick ratio of 0.84, a current ratio of 0.05 and a debt-to-equity ratio of -21.63.

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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