Great Atlantic Resources (CVE:GR) Trading 14.8% Higher – Here’s What Happened

Shares of Great Atlantic Resources Corp. (CVE:GR) were up 14.8% during mid-day trading on Wednesday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 208,096 shares were traded during trading, an increase of 3% from the average daily volume of 201,445 shares. The stock had previously closed at C$0.14.

Great Atlantic Resources Stock Up 14.8%

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 50-day simple moving average of C$0.11 and a 200 day simple moving average of C$0.11. The company has a market cap of C$10.05 million, a P/E ratio of -3.10 and a beta of 2.80.

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. 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.