Great Atlantic Resources (CVE:GR) Reaches New 12-Month Low – Time to Sell?

Great Atlantic Resources Corp. (CVE:GR – Get Free Report)’s share price reached a new 52-week low on Wednesday. The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 2,139 shares traded. The stock had previously closed at C$0.06.

Great Atlantic Resources Price Performance

The stock’s 50 day moving average price is C$0.07 and its 200-day moving average price is C$0.09. The stock has a market capitalization of C$3.65 million, a PE ratio of -1.10 and a beta of 1.22. The company has a quick ratio of 0.84, a current ratio of 0.01 and a debt-to-equity ratio of -14.22.

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. It holds interests in Glenelg Vanadium, Kagoot Brook Cobalt, MacDougal Road, Keymet, Mascarene, Mount Raymond, and Porcupine properties located in New Brunswick; Pilley's Island and South Quarry properties located in Newfoundland; and Mitchell Brook property located in Nova Scotia.

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