Great Atlantic Resources (CVE:GR) Stock Price Down 14.3% – Here’s Why

Great Atlantic Resources Corp. (CVE:GRGet Free Report) shares traded down 14.3% on Friday . The stock traded as low as C$0.06 and last traded at C$0.06. 445,649 shares traded hands during trading, an increase of 332% from the average session volume of 103,249 shares. The stock had previously closed at C$0.07.

Great Atlantic Resources Stock Performance

The business’s fifty day simple moving average is C$0.11 and its 200-day simple moving average is C$0.10. The firm has a market cap of C$3.89 million, a P/E ratio of -1.50 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.

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.

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