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

Great Atlantic Resources Corp. (CVE:GRGet Free Report)’s share price shot up 45.5% during trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 268,518 shares traded hands during mid-day trading, an increase of 158% from the average session volume of 104,032 shares. The stock had previously closed at C$0.06.

Great Atlantic Resources Stock Up 45.5%

The company has a debt-to-equity ratio of -21.63, a current ratio of 0.05 and a quick ratio of 0.84. 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 firm has a 50-day moving average price of C$0.11 and a two-hundred day moving average price of 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.

Further Reading

Receive News & Ratings for Great Atlantic Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Atlantic Resources and related companies with MarketBeat.com's FREE daily email newsletter.