Great Atlantic Resources (CVE:GR) Trading Up 36.4% – Here’s What Happened

Great Atlantic Resources Corp. (CVE:GR) was up 36.4% during trading on Friday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 1,199,298 shares were traded during trading, an increase of 419% from the average daily 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 current ratio of 0.05 and a quick ratio of 0.84. The stock’s fifty day moving average is C$0.08 and its 200-day moving average is C$0.10. The stock has a market cap of C$10.38 million, a PE ratio of -4.00 and a beta of 2.42.

About Great Atlantic Resources

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.