Great Atlantic Resources (CVE:GR) Shares Up 41.2% – What’s Next?

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

Great Atlantic Resources Stock Performance

The company has a market capitalization of C$7.78 million, a PE ratio of -3.00 and a beta of 2.42. The business’s fifty day moving average is C$0.08 and its two-hundred day moving average is C$0.10. The company has a current ratio of 0.05, a quick ratio of 0.84 and a debt-to-equity ratio of -21.63.

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.