Great Atlantic Resources Corp. (CVE:GR – Get Free Report) hit a new 52-week low during trading on Thursday. The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 51,000 shares trading hands. The stock had previously closed at C$0.06.
Great Atlantic Resources Price Performance
The company’s 50-day moving average is C$0.07 and its 200-day moving average is C$0.08. The firm has a market capitalization of C$3.98 million, a price-to-earnings ratio of -1.20 and a beta of 1.22. The company has a debt-to-equity ratio of -14.22, a current ratio of 0.01 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. 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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