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

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

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.

Further Reading

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