Great Atlantic Resources (CVE:GR) Shares Up 45.5% – Still a Buy?

Great Atlantic Resources Corp. (CVE:GRGet Free Report) shares were up 45.5% on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 268,518 shares were traded during trading, an increase of 158% from the average daily volume of 104,032 shares. The stock had previously closed at C$0.06.

Great Atlantic Resources Stock Performance

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

About Great Atlantic Resources

(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.

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