Great Atlantic Resources (CVE:GR) Reaches New 1-Year Low – Here’s What Happened

Great Atlantic Resources Corp. (CVE:GR – Get Free Report)’s share price hit a new 52-week low during trading on Tuesday. The stock traded as low as C$0.05 and last traded at C$0.06, with a volume of 45,020 shares trading hands. The stock had previously closed at C$0.06.

Great Atlantic Resources Trading Up 9.1%

The company has a quick ratio of 0.84, a current ratio of 0.01 and a debt-to-equity ratio of -14.22. The business’s fifty day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.09. The company has a market cap of C$3.98 million, a price-to-earnings ratio of -1.20 and a beta of 0.81.

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. 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.

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