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

Great Atlantic Resources Corp. (CVE:GRGet Free Report)’s stock price was down 14.3% on Friday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 445,649 shares traded hands 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 firm’s 50 day moving average is C$0.11 and its 200-day moving average is C$0.10. The stock has a market capitalization of C$3.89 million, a price-to-earnings ratio of -1.50 and a beta of 2.38. The company has a debt-to-equity ratio of -21.63, a quick ratio of 0.84 and a current ratio of 0.05.

About Great Atlantic Resources

(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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