Great Atlantic Resources (CVE:GR) Stock Price Up 41.2% – Here’s What Happened

Great Atlantic Resources Corp. (CVE:GR)’s share price traded up 41.2% during trading on Thursday . The company traded as high as C$0.12 and last traded at C$0.12. 375,737 shares traded hands during trading, an increase of 152% from the average session volume of 149,283 shares. The stock had previously closed at C$0.09.

Great Atlantic Resources Stock Performance

The stock has a market cap of C$7.78 million, a price-to-earnings ratio of -3.00 and a beta of 2.42. 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 50 day simple moving average of C$0.08 and a 200 day simple moving average of C$0.10.

About Great Atlantic Resources

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.