Great Atlantic Resources (CVE:GR) Stock Price Down 17.6% – Here’s What Happened

Shares of Great Atlantic Resources Corp. (CVE:GRGet Free Report) fell 17.6% during trading on Wednesday . The stock traded as low as C$0.07 and last traded at C$0.07. 330,302 shares traded hands during 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 business’s fifty day moving average price is C$0.11 and its two-hundred day moving average price is C$0.10. 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 firm has a market capitalization of C$3.89 million, a P/E ratio of -1.50 and a beta of 2.38.

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.

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