Great Atlantic Resources Corp. (CVE:GR – Get Free Report)’s stock price shot up 41.2% during mid-day trading on Wednesday . The stock traded as high as C$0.12 and last traded at C$0.12. 375,737 shares were traded 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 Trading Up 41.2%
The firm has a market cap of C$7.78 million, a P/E ratio of -3.00 and a beta of 2.42. The company’s 50 day moving average is C$0.08 and its two-hundred day 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.
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.
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