Great Atlantic Resources Corp. (CVE:GR – Get Free Report) dropped 17.6% on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 330,302 shares changed hands during mid-day trading, an increase of 225% from the average daily volume of 101,587 shares. The stock had previously closed at C$0.09.
Great Atlantic Resources Price Performance
The company has a market capitalization of C$3.89 million, a P/E ratio of -1.50 and a beta of 2.38. The company has a quick ratio of 0.84, a current ratio of 0.05 and a debt-to-equity ratio of -21.63. The business has a 50 day simple moving average of C$0.11 and a 200-day simple moving average of C$0.10.
About Great Atlantic Resources
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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