Great Atlantic Resources (CVE:GR) Trading 36.4% Higher – Here’s What Happened

Great Atlantic Resources Corp. (CVE:GR) shares shot up 36.4% on Friday . The company traded as high as C$0.15 and last traded at C$0.15. 1,199,298 shares changed hands during trading, an increase of 419% from the average session volume of 230,926 shares. The stock had previously closed at C$0.11.

More Great Atlantic Resources News

Here are the key news stories impacting Great Atlantic Resources this week:

• Positive Sentiment: Multiple market headlines report a sharp uptick in GR shares today, which can attract momentum traders and further buying interest in a small‑cap stock. Article Title
• Neutral Sentiment: There does not appear to be an accompanying press release or regulatory filing cited by those alerts—meaning the move may be technical or sentiment‑driven rather than news‑driven. Monitor SEDAR/SEDAR+ or company channels for any subsequent corporate disclosure. Article Title
• Negative Sentiment: GR is a micro‑cap, low‑liquidity miner: market cap ~C$10.4M, 52‑week range C$0.04–C$0.23, a high beta (2.42) and thin fundamentals (negative P/E, weak current ratio). Those features increase the risk of a quick reversal or outsized volatility; position sizing and exit plans are essential. (See background metrics supplied above.)

Great Atlantic Resources Price Performance

The stock has a market capitalization of C$10.38 million, a P/E ratio of -4.00 and a beta of 2.42. 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’s 50-day simple moving average is C$0.08 and its 200-day simple moving average is C$0.11.

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.