Great Atlantic Resources (CVE:GR) Stock Price Down 14.3% – What’s Next?

Great Atlantic Resources Corp. (CVE:GRGet Free Report)’s share price dropped 14.3% on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 445,649 shares traded hands during trading, an increase of 332% from the average daily volume of 103,249 shares. The stock had previously closed at C$0.07.

Great Atlantic Resources Price Performance

The stock has a market cap of C$3.89 million, a PE ratio of -1.50 and a beta of 2.38. The business has a fifty day simple moving average of C$0.12 and a two-hundred day simple moving average of C$0.10. The company has a current ratio of 0.05, a quick ratio of 0.84 and a debt-to-equity ratio of -21.63.

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.

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