Great Atlantic Resources (CVE:GR) Trading 45.5% Higher – Here’s What Happened

Shares of Great Atlantic Resources Corp. (CVE:GRGet Free Report) shot up 45.5% during mid-day trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. 268,518 shares were traded during trading, an increase of 158% from the average session volume of 104,032 shares. The stock had previously closed at C$0.06.

Great Atlantic Resources Stock Performance

The company has a market cap of C$5.19 million, a P/E ratio of -2.00 and a beta of 2.38. The company has a 50 day moving average price of C$0.11 and a 200-day moving average price of C$0.10. The company has a quick ratio of 0.84, a current ratio of 0.05 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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