Great Atlantic Resources (CVE:GR) Stock Price Up 4.5% – Should You Buy?

Shares of Great Atlantic Resources Corp. (CVE:GRGet Free Report) rose 4.5% during mid-day trading on Thursday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 97,850 shares changed hands during trading, an increase of 44% from the average daily volume of 68,153 shares. The stock had previously closed at C$0.11.

Great Atlantic Resources Stock Up 4.5%

The firm has a fifty day moving average price of C$0.08 and a 200-day moving average price of C$0.07. The company has a quick ratio of 0.84, a current ratio of 0.05 and a debt-to-equity ratio of -21.63. The firm has a market cap of C$6.55 million, a price-to-earnings ratio of -2.98 and a beta of 2.20.

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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