Great Bear Resources (OTCMKTS:GTBAF) Trading Up 2% – Time to Buy?

Shares of Great Bear Resources Ltd. (OTCMKTS:GTBAFGet Free Report) were up 2% during mid-day trading on Thursday . The stock traded as high as $22.50 and last traded at $22.43. Approximately 6,000 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 46,405 shares. The stock had previously closed at $22.00.

Great Bear Resources Price Performance

The firm’s 50 day simple moving average is $22.43 and its 200-day simple moving average is $22.43.

About Great Bear Resources

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Great Bear Resources Ltd. (OTCMKTS: GTBAF) is a Vancouver-based mineral exploration company focused on the discovery and advancement of high-grade precious metal deposits in Canada. The company’s core activities include systematic field work, geological mapping, and diamond drilling to define and expand gold resources. Great Bear holds interests in several exploration properties across Ontario, with an emphasis on projects situated along prolific geological structures known for hosting orogenic gold mineralization.

The company’s flagship asset is the Dixie Project, located in the Red Lake Gold District of northwestern Ontario.

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