Shares of Great Atlantic Resources Corp. (CVE:GR – Get Free Report) fell 17.6% during mid-day trading on Wednesday . The company 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 Price Performance
The firm has a 50 day moving average price of C$0.12 and a 200 day moving average price of C$0.10. The stock has a market capitalization of C$4.54 million, a PE ratio of -1.75 and a beta of 2.38. The company has a current ratio of 0.05, a quick ratio of 0.84 and a debt-to-equity ratio of -21.63.
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.
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