Great Atlantic Resources (CVE:GR) Shares Up 27.3% – Here’s Why

Great Atlantic Resources Corp. (CVE:GRGet Free Report) shares traded up 27.3% during trading on Friday . The company traded as high as C$0.15 and last traded at C$0.14. 919,298 shares were traded during trading, an increase of 325% from the average session volume of 216,207 shares. The stock had previously closed at C$0.11.

Great Atlantic Resources Price Performance

The company has a current ratio of 0.05, a quick ratio of 0.84 and a debt-to-equity ratio of -21.63. The stock has a market capitalization of C$10.38 million, a P/E ratio of -4.00 and a beta of 2.42. The stock has a 50 day moving average of C$0.08 and a 200-day moving average of C$0.10.

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. It holds interests in Glenelg Vanadium, Kagoot Brook Cobalt, MacDougal Road, Keymet, Mascarene, Mount Raymond, and Porcupine properties located in New Brunswick; Pilley's Island and South Quarry properties located in Newfoundland; and Mitchell Brook property located in Nova Scotia.

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