Shares of Great Atlantic Resources Corp. (CVE:GR – Get Free Report) were down 17.6% during mid-day trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 330,302 shares were traded 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 Trading Down 17.6%
The company has a market cap of C$4.54 million, a price-to-earnings ratio of -1.75 and a beta of 2.38. The business’s fifty day moving average price is C$0.12 and its 200 day moving average price is C$0.10. The company has a debt-to-equity ratio of -21.63, a current ratio of 0.05 and a quick ratio of 0.84.
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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