Great Atlantic Resources (CVE:GR) Trading Down 17.6% – Here’s Why

Great Atlantic Resources Corp. (CVE:GRGet Free Report) shares were down 17.6% on Wednesday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 330,302 shares traded hands during trading, an increase of 225% from the average daily volume of 101,587 shares. The stock had previously closed at C$0.09.

Great Atlantic Resources Price Performance

The company has a market capitalization of C$3.89 million, a PE 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. The stock has a 50 day moving average price of C$0.12 and a two-hundred day moving average price of C$0.10.

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.

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