Shares of Great Atlantic Resources Corp. (CVE:GR – Get Free Report) 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 were traded 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’s 50-day moving average is C$0.12 and its two-hundred day moving average is C$0.10. The stock has a market cap of C$3.89 million, a PE ratio of -1.50 and a beta of 2.38. 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
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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