Great Atlantic Resources (CVE:GR) Trading Up 45.5% – Still a Buy?

Great Atlantic Resources Corp. (CVE:GRGet Free Report)’s share price was up 45.5% during trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 268,518 shares traded hands during mid-day trading, an increase of 158% from the average daily volume of 104,032 shares. The stock had previously closed at C$0.06.

Great Atlantic Resources Price Performance

The firm has a market capitalization of C$4.86 million, a P/E ratio of -1.88 and a beta of 1.93. The stock’s fifty day simple moving average is C$0.11 and its 200 day simple moving average is C$0.10. The company has a debt-to-equity ratio of -21.63, a current ratio of 0.05 and a quick ratio of 0.84.

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.

See Also

Receive News & Ratings for Great Atlantic Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Atlantic Resources and related companies with MarketBeat.com's FREE daily email newsletter.