Shares of Great Atlantic Resources Corp. (CVE:GR – Get Free Report) traded down 17.6% during mid-day trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. 330,302 shares changed hands during trading, an increase of 225% from the average session volume of 101,587 shares. The stock had previously closed at C$0.09.
Great Atlantic Resources Price Performance
The company 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 market capitalization of C$4.54 million, a price-to-earnings ratio of -1.75 and a beta of 2.38. The company has a quick ratio of 0.84, a current ratio of 0.05 and a debt-to-equity ratio of -21.63.
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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