Great Atlantic Resources (CVE:GR) Stock Price Down 17.6% – Time to Sell?

Great Atlantic Resources Corp. (CVE:GRGet Free Report)’s share price traded down 17.6% on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. 330,302 shares were traded 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 Trading Down 17.6%

The firm has a fifty day moving average of C$0.12 and a 200-day moving average of C$0.10. The company has a debt-to-equity ratio of -21.63, a quick ratio of 0.84 and a current ratio of 0.05. The stock has a market capitalization of C$4.54 million, a price-to-earnings ratio of -1.75 and a beta of 2.38.

About Great Atlantic Resources

(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.

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