Great Atlantic Resources (CVE:GR) Stock Price Down 14.3% – Time to Sell?

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

Great Atlantic Resources Stock Performance

The firm’s 50-day moving average price is C$0.12 and its 200-day moving average price is C$0.10. The company has a debt-to-equity ratio of -21.63, a current ratio of 0.05 and a quick ratio of 0.84. The stock has a market cap of C$3.89 million, a P/E 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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