Great Atlantic Resources (CVE:GR) Stock Price Up 45.5% – What’s Next?

Shares of Great Atlantic Resources Corp. (CVE:GR) traded up 45.5% on Friday . The stock traded as high as C$0.17 and last traded at C$0.16. 1,451,973 shares were traded during trading, an increase of 478% from the average session volume of 251,343 shares. The stock had previously closed at C$0.11.

Great Atlantic Resources Stock Up 45.5%

The stock’s fifty day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.10. The company has a debt-to-equity ratio of -21.63, a current ratio of 0.05 and a quick ratio of 0.84. The company has a market capitalization of C$10.38 million, a price-to-earnings ratio of -4.00 and a beta of 2.42.

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.