Great Atlantic Resources Corp. (CVE:GR – Get Free Report)’s stock price dropped 10% during mid-day trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 160,000 shares were traded during mid-day trading, an increase of 166% from the average daily volume of 60,182 shares. The stock had previously closed at C$0.05.
Great Atlantic Resources Trading Down 10.0 %
The company has a current ratio of 0.10, a quick ratio of 0.84 and a debt-to-equity ratio of 62.52. The stock has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.05. The firm has a market cap of C$2.26 million, a P/E ratio of -0.90 and a beta of 2.25.
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.
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