Great Atlantic Resources (CVE:GR) Trading Up 45.5% – What’s Next?

Great Atlantic Resources Corp. (CVE:GRGet Free Report)’s share price rose 45.5% during mid-day trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 268,518 shares were traded 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 Stock Down 6.3%

The company has a debt-to-equity ratio of -21.63, a quick ratio of 0.84 and a current ratio of 0.05. The stock’s 50 day moving average price is C$0.11 and its 200-day moving average price is C$0.10. The company has a market cap of C$4.86 million, a PE ratio of -1.88 and a beta of 1.93.

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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