Great Bear Resources (CVE:GBR) Stock Price Down 2.3% – Here’s What Happened

Great Bear Resources Ltd. (CVE:GBRGet Free Report)’s stock price was down 2.3% during mid-day trading on Tuesday . The stock traded as low as C$28.15 and last traded at C$28.15. 1,886,525 shares changed hands during 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 Price Performance

The firm has a market capitalization of C$1.63 billion and a P/E ratio of -153.83. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.82 and a current ratio of 3.85. The business has a 50 day simple moving average of C$28.15 and a two-hundred day simple moving average of C$28.15.

Great Bear Resources Company Profile

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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. and changed its name to Great Bear Resources Ltd. in January 2010. Great Bear Resources Ltd. was incorporated in 2001 and is headquartered in Vancouver, Canada.

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