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

Great Atlantic Resources Corp. (CVE:GRGet Free Report) shares were down 14.3% during trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 445,649 shares were traded during 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 Stock Performance

The stock’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. The stock has a market cap of C$3.89 million, a price-to-earnings ratio of -1.50 and a beta of 2.38.

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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