Great Atlantic Resources (CVE:GR) Stock Price Down 12.9% – Time to Sell?

Great Atlantic Resources Corp. (CVE:GR)’s share price was down 12.9% during trading on Monday . The stock traded as low as C$0.13 and last traded at C$0.14. 221,740 shares traded hands during trading, a decline of 17% from the average daily volume of 267,712 shares. The stock had previously closed at C$0.16.

Great Atlantic Resources Price Performance

The company has a debt-to-equity ratio of -21.63, a quick ratio of 0.84 and a current ratio of 0.05. The company has a 50-day moving average price of C$0.09 and a 200-day moving average price of C$0.11. The firm has a market capitalization of C$9.73 million, a P/E ratio of -3.75 and a beta of 2.42.

Great Atlantic Resources Company Profile

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.