Great Atlantic Resources (CVE:GR) Trading Down 17.6% – Should You Sell?

Great Atlantic Resources Corp. (CVE:GRGet Free Report)’s share price fell 17.6% during trading on Wednesday . The company traded as low as C$0.07 and last traded at C$0.07. 330,302 shares traded hands during mid-day trading, an increase of 225% from the average session volume of 101,587 shares. The stock had previously closed at C$0.09.

Great Atlantic Resources Stock Down 17.6%

The company has a current ratio of 0.05, a quick ratio of 0.84 and a debt-to-equity ratio of -21.63. The stock has a 50 day simple moving average of C$0.12 and a 200 day simple moving average of C$0.10. The firm has a market capitalization of C$4.54 million, a PE ratio of -1.75 and a beta of 2.38.

About Great Atlantic Resources

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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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