Great Bear Resources Ltd. (CVE:GBR – Get Free Report) dropped 2.3% during mid-day trading on Wednesday . The company traded as low as C$28.15 and last traded at C$28.15. Approximately 1,886,525 shares changed hands during mid-day trading, an increase of 525% from the average daily volume of 301,841 shares. The stock had previously closed at C$28.80.
Great Bear Resources Stock Down 2.3 %
The company has a quick ratio of 3.82, a current ratio of 3.85 and a debt-to-equity ratio of 0.45. The company has a market capitalization of C$1.63 billion and a price-to-earnings ratio of -153.83. The stock’s fifty day moving average price is C$28.15 and its 200-day moving average price is C$28.15.
About Great Bear Resources
Great Bear Resources Ltd. operates as a mineral exploration company in Canada. The company primarily explores for gold. Its flagship property is the Dixie project covering an area of 9,140 hectares located in the Red Lake district of Ontario. The company was formerly known as Great Bear Uranium Corp.
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