Great Atlantic Resources (CVE:GR) Shares Down 17.6% – Time to Sell?

Great Atlantic Resources Corp. (CVE:GR)’s stock price fell 17.6% on Thursday . The stock 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 Price Performance

The company has a 50-day moving average of C$0.12 and a 200-day moving average of C$0.10. The company has a debt-to-equity ratio of -21.63, a quick ratio of 0.84 and a current ratio of 0.05. The firm has a market capitalization of C$4.54 million, a price-to-earnings ratio of -1.75 and a beta of 2.38.

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.