Great Atlantic Resources (CVE:GR) Stock Price Up 45.5% – Time to Buy?

Great Atlantic Resources Corp. (CVE:GRGet Free Report)’s stock price rose 45.5% on Wednesday . The company 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 stock 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’s 50-day simple moving average is C$0.11 and its 200-day simple moving average is C$0.10. The company has a quick ratio of 0.84, a current ratio of 0.05 and a debt-to-equity ratio of -21.63.

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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