Great Atlantic Resources (CVE:GR) Reaches New 12-Month Low – Should You Sell?

Great Atlantic Resources Corp. (CVE:GR) shares reached a new 52-week low during trading on Thursday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 51,000 shares. The stock had previously closed at C$0.06.

Great Atlantic Resources Stock Performance

The company’s fifty day moving average is C$0.07 and its two-hundred day moving average is C$0.08. The stock has a market cap of C$3.98 million, a price-to-earnings ratio of -1.20 and a beta of 1.22. The company has a quick ratio of 0.84, a current ratio of 0.01 and a debt-to-equity ratio of -14.22.

Great Atlantic Resources Company Profile

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.