Great Atlantic Resources (CVE:GR) Stock Price Down 11.8% – Here’s Why

Great Atlantic Resources Corp. (CVE:GRGet Free Report)’s stock price traded down 11.8% during trading on Wednesday . The company traded as low as C$0.08 and last traded at C$0.08. 185,225 shares traded hands during mid-day trading, an increase of 85% from the average session volume of 100,325 shares. The stock had previously closed at C$0.09.

Great Atlantic Resources Trading Down 5.9%

The stock has a market cap of C$5.19 million, a P/E ratio of -2.00 and a beta of 2.38. 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 stock’s fifty day moving average is C$0.12 and its 200 day moving average is C$0.10.

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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