Great Atlantic Resources (CVE:GR) Shares Down 17.6% – Should You Sell?

Great Atlantic Resources Corp. (CVE:GR)’s stock price fell 17.6% during mid-day trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. 330,302 shares traded hands during trading, an increase of 225% from the average session volume of 101,587 shares. The stock had previously closed at C$0.09.

Great Atlantic Resources Stock Performance

The company has a quick ratio of 0.84, a current ratio of 0.05 and a debt-to-equity ratio of -21.63. The stock has a market capitalization of C$4.54 million, a P/E ratio of -1.75 and a beta of 2.38. The business has a fifty day moving average price of C$0.12 and a 200-day moving average price of C$0.10.

Great Atlantic Resources Company Profile

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.