Shares of Great Atlantic Resources Corp. (CVE:GR – Get Free Report) rose 26.1% during mid-day trading on Friday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 401,217 shares traded hands during trading, an increase of 469% from the average daily volume of 70,466 shares. The stock had previously closed at C$0.12.
Great Atlantic Resources Stock Performance
The company’s 50 day moving average price is C$0.09 and its 200-day moving average price is C$0.07. 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 company has a market cap of C$8.55 million, a PE ratio of -3.75 and a beta of 2.17.
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.
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