Great Atlantic Resources (CVE:GR) Stock Price Down 15% – Time to Sell?

Great Atlantic Resources Corp. (CVE:GRGet Free Report)’s share price was down 15% during mid-day trading on Monday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 118,076 shares changed hands during mid-day trading, an increase of 18% from the average daily volume of 100,149 shares. The stock had previously closed at C$0.10.

Great Atlantic Resources Stock Performance

The firm has a market cap of C$5.84 million, a price-to-earnings ratio of -2.25 and a beta of 2.38. The stock has a 50-day moving average of C$0.13 and a 200-day moving average of C$0.10. The company has a debt-to-equity ratio of -21.63, a quick ratio of 0.84 and a current ratio of 0.05.

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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