Great Bear Resources Ltd. (OTCMKTS:GTBAF – Get Free Report) shares shot up 2% during mid-day trading on Friday. The company traded as high as $22.50 and last traded at $22.43. Approximately 6,000 shares were traded during trading, a decline of 87% from the average session volume of 46,405 shares. The stock had previously closed at $22.00.
Great Bear Resources Stock Up 2.0%
The stock’s fifty day moving average price is $22.43 and its 200 day moving average price is $22.43.
Great Bear Resources Company Profile
Great Bear Resources Ltd. was a Canadian mineral exploration company focused on the discovery and development of gold deposits. Its principal asset was the Dixie Gold Project in the Red Lake district of northwestern Ontario, an area with a long history of gold mining.
The company conducted exploration activities including geological mapping, drilling and resource evaluation at Dixie. Great Bear’s work centered on advancing the project’s gold discoveries and assessing their potential for future development rather than producing or selling minerals.
Great Bear was led by President and Chief Executive Officer Chris Taylor during its exploration program.
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