Great Atlantic Resources (CVE:GR) Shares Down 6.7% – Should You Sell?

Great Atlantic Resources Corp. (CVE:GRGet Free Report)’s stock price traded down 6.7% during trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. 153,163 shares traded hands during mid-day trading, an increase of 47% from the average session volume of 104,179 shares. The stock had previously closed at C$0.08.

Great Atlantic Resources Stock Performance

The stock has a 50 day simple moving average of C$0.10 and a 200 day simple moving average of C$0.10. 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 company has a market cap of C$4.54 million, a price-to-earnings ratio of -1.75 and a beta of 1.93.

Great Atlantic Resources Company Profile

(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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