Great Atlantic Resources (CVE:GR) Shares Down 14.3% – What’s Next?

Shares of Great Atlantic Resources Corp. (CVE:GRGet Free Report) were down 14.3% during mid-day trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 202,646 shares traded hands during trading, an increase of 99% from the average daily volume of 102,075 shares. The stock had previously closed at C$0.07.

Great Atlantic Resources Trading Down 7.1%

The stock has a market cap of C$4.22 million, a PE ratio of -1.63 and a beta of 2.38. The firm has a 50-day simple moving average of C$0.12 and a 200-day simple moving average of C$0.10. The company has a quick ratio of 0.84, a current ratio of 0.05 and a debt-to-equity ratio of -21.63.

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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