Great Atlantic Resources (CVE:GR) Stock Price Down 10% – Should You Sell?

Great Atlantic Resources Corp. (CVE:GRGet Free Report) was down 10% during trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. Approximately 268,765 shares changed hands during trading, an increase of 110% from the average daily volume of 128,027 shares. The stock had previously closed at C$0.10.

Great Atlantic Resources Trading Down 10.0%

The business has a 50 day moving average of C$0.08 and a two-hundred day moving average of C$0.10. The firm has a market cap of C$5.84 million, a P/E ratio of -2.25 and a beta of 2.42. The company has a current ratio of 0.05, a quick ratio of 0.84 and a debt-to-equity ratio of -21.63.

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. It holds interests in Glenelg Vanadium, Kagoot Brook Cobalt, MacDougal Road, Keymet, Mascarene, Mount Raymond, and Porcupine properties located in New Brunswick; Pilley's Island and South Quarry properties located in Newfoundland; and Mitchell Brook property located in Nova Scotia.

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