Great Atlantic Resources (CVE:GR) Trading Down 17.6% – Here’s What Happened

Great Atlantic Resources Corp. (CVE:GR) shares traded down 17.6% during trading on Wednesday . The company traded as low as C$0.07 and last traded at C$0.07. 330,302 shares traded hands during trading, an increase of 225% from the average session volume of 101,587 shares. The stock had previously closed at C$0.09.

Great Atlantic Resources Trading Down 17.6%

The company has a debt-to-equity ratio of -21.63, a quick ratio of 0.84 and a current ratio of 0.05. The stock has a market cap of C$4.54 million, a price-to-earnings ratio of -1.75 and a beta of 2.38. The company’s 50 day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.10.

About Great Atlantic Resources

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.