Great Atlantic Resources (CVE:GR) Hits New 52-Week Low – Here’s Why

Great Atlantic Resources Corp. (CVE:GR – Get Free Report)’s stock price hit a new 52-week low on Tuesday. The company traded as low as C$0.05 and last traded at C$0.06, with a volume of 45,020 shares. The stock had previously closed at C$0.06.

Great Atlantic Resources Stock Performance

The company has a fifty day simple moving average of C$0.07 and a 200-day simple moving average of C$0.09. The company has a current ratio of 0.01, a quick ratio of 0.84 and a debt-to-equity ratio of -14.22. The stock has a market cap of C$3.65 million, a price-to-earnings ratio of -1.10 and a beta of 1.22.

Great Atlantic Resources Company Profile

(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. 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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