Great Atlantic Resources (CVE:GR) Reaches New 12-Month Low – What’s Next?

Great Atlantic Resources Corp. (CVE:GR – Get Free Report)’s share price reached a new 52-week low during trading on Thursday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 51,000 shares changing hands. The stock had previously closed at C$0.06.

Great Atlantic Resources Price Performance

The firm has a market capitalization of C$3.98 million, a price-to-earnings ratio of -1.20 and a beta of 1.22. The stock’s 50 day moving average price is C$0.07 and its two-hundred day moving average price is C$0.08. The company has a debt-to-equity ratio of -14.22, a current ratio of 0.01 and a quick ratio of 0.84.

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.

Read More

Receive News & Ratings for Great Atlantic Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Atlantic Resources and related companies with MarketBeat.com's FREE daily email newsletter.