Great Atlantic Resources Corp. (CVE:GR) Director Sells C$205,645.00 in Stock

Great Atlantic Resources Corp. (CVE:GRGet Rating) Director Christopher Ross Anderson sold 1,869,500 shares of the business’s stock in a transaction that occurred on Friday, June 17th. The shares were sold at an average price of C$0.11, for a total value of C$205,645.00. Following the transaction, the director now owns 592,713 shares of the company’s stock, valued at C$65,198.43.

Shares of CVE GR traded up C$0.01 during midday trading on Thursday, reaching C$0.10. 150,600 shares of the stock traded hands, compared to its average volume of 66,289. The company’s 50 day moving average is C$0.16 and its 200 day moving average is C$0.21. Great Atlantic Resources Corp. has a one year low of C$0.09 and a one year high of C$0.60. The stock has a market capitalization of C$2.84 million and a PE ratio of -0.48. The company has a debt-to-equity ratio of 2.25, a current ratio of 16.59 and a quick ratio of 16.59.

About Great Atlantic Resources (Get Rating)

Great Atlantic Resources Corp., an exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Atlantic Canada region. The company explores for gold, zinc, tungsten, and antimony, as well as copper, lead, silver, and precious and base metals. Its principal project is the Golden Promise project covering an area of 16,500 hectares located in central Newfoundland.

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