Great Atlantic Resources (CVE:GR) Stock Price Up 45.5% – Still a Buy?

Great Atlantic Resources Corp. (CVE:GR)’s share price was up 45.5% on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 258,518 shares changed hands during trading, an increase of 149% from the average daily volume of 103,799 shares. The stock had previously closed at C$0.06.

Great Atlantic Resources Trading Up 45.5%

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 has a market cap of C$5.19 million, a PE ratio of -2.00 and a beta of 2.38. The company has a fifty day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.10.

Great Atlantic Resources Company Profile

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.