Great Atlantic Resources Corp. (CVE:GR – Get Free Report) dropped 7.1% during mid-day trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 254,896 shares changed hands during trading, an increase of 149% from the average daily volume of 102,299 shares. The stock had previously closed at C$0.07.
Great Atlantic Resources Trading Down 14.3%
The company has a market cap of C$3.89 million, a P/E ratio of -1.50 and a beta of 2.38. The business has a fifty day simple moving average of C$0.11 and a 200 day simple 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.
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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