Great Atlantic Resources (CVE:GR) Shares Up 27.3% – What’s Next?

Great Atlantic Resources Corp. (CVE:GR) shares were up 27.3% during mid-day trading on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 104,518 shares changed hands during trading, an increase of 1% from the average daily volume of 103,251 shares. The stock had previously closed at C$0.06.

Great Atlantic Resources Trading Up 45.5%

The firm’s fifty day moving average price is C$0.11 and its 200-day moving average price is C$0.10. The company has a market cap of C$5.19 million, a price-to-earnings ratio of -2.00 and a beta of 2.38. The company has a debt-to-equity ratio of -21.63, a current ratio of 0.05 and a quick ratio of 0.84.

Great Atlantic Resources Company Profile

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.