Great Atlantic Resources (CVE:GR) Shares Down 17.6% – Here’s Why

Great Atlantic Resources Corp. (CVE:GRGet Free Report)’s share price traded down 17.6% during trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. 330,302 shares changed 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 14.3%

The company has a market cap of C$3.89 million, a price-to-earnings ratio of -1.50 and a beta of 2.38. The company has a debt-to-equity ratio of -21.63, a current ratio of 0.05 and a quick ratio of 0.84. The firm has a 50-day moving average price of C$0.11 and a 200 day moving average price of 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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