Great Atlantic Resources Corp. (CVE:GR – Get Free Report) shares dropped 14.3% on Friday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 445,649 shares traded hands during mid-day 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 P/E ratio of -1.50 and a beta of 2.38. 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’s 50 day simple moving average is C$0.11 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.
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