Great Atlantic Resources (CVE:GR) Shares Up 36.4% – Time to Buy?

Shares of Great Atlantic Resources Corp. (CVE:GRGet Free Report) traded up 36.4% on Friday . The stock traded as high as C$0.15 and last traded at C$0.15. 1,199,298 shares traded hands during trading, an increase of 419% from the average session volume of 230,926 shares. The stock had previously closed at C$0.11.

Great Atlantic Resources Price Performance

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 50 day moving average is C$0.08 and its two-hundred day moving average is C$0.10. The stock has a market capitalization of C$10.38 million, a PE ratio of -4.00 and a beta of 2.42.

About Great Atlantic Resources

(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. It holds interests in Glenelg Vanadium, Kagoot Brook Cobalt, MacDougal Road, Keymet, Mascarene, Mount Raymond, and Porcupine properties located in New Brunswick; Pilley's Island and South Quarry properties located in Newfoundland; and Mitchell Brook property located in Nova Scotia.

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