Great Atlantic Resources (CVE:GR) Stock Price Down 21.7%

Great Atlantic Resources Corp. (CVE:GRGet Rating)’s stock price fell 21.7% during trading on Tuesday . The stock traded as low as C$0.09 and last traded at C$0.09. 602,080 shares traded hands during mid-day trading, an increase of 894% from the average session volume of 60,543 shares. The stock had previously closed at C$0.12.

The company has a debt-to-equity ratio of 2.25, a quick ratio of 16.59 and a current ratio of 16.59. The stock has a market cap of C$2.84 million and a price-to-earnings ratio of -0.48. The business’s 50 day moving average is C$0.16 and its 200 day moving average is C$0.21.

Great Atlantic Resources Company Profile (CVE:GR)

Great Atlantic Resources Corp., an exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Atlantic Canada region. The company explores for gold, zinc, tungsten, and antimony, as well as copper, lead, silver, and precious and base metals. Its principal project is the Golden Promise project covering an area of 16,500 hectares located in central Newfoundland.

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