Great Bear Resources (CVE:GBR) Trading Down 2.3% – Here’s Why

Shares of Great Bear Resources Ltd. (CVE:GBRGet Free Report) traded down 2.3% on Tuesday . The stock traded as low as C$28.15 and last traded at C$28.15. 1,886,525 shares were traded during trading, an increase of 525% from the average session volume of 301,841 shares. The stock had previously closed at C$28.80.

Great Bear Resources Trading Down 2.3%

The business has a 50 day simple moving average of C$28.15 and a 200-day simple moving average of C$28.15. The stock has a market capitalization of C$1.63 billion and a price-to-earnings ratio of -153.83. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.85 and a quick ratio of 3.82.

Great Bear Resources Company Profile

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Great Bear Resources Ltd. operates as a mineral exploration company in Canada. The company primarily explores for gold. Its flagship property is the Dixie project covering an area of 9,140 hectares located in the Red Lake district of Ontario. The company was formerly known as Great Bear Uranium Corp. and changed its name to Great Bear Resources Ltd. in January 2010. Great Bear Resources Ltd. was incorporated in 2001 and is headquartered in Vancouver, Canada.

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