Great Atlantic Resources Corp. (CVE:GR – Get Free Report) shares rose 33.3% during mid-day trading on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 154,000 shares traded hands during trading, an increase of 283% from the average daily volume of 40,187 shares. The stock had previously closed at C$0.05.
Great Atlantic Resources Stock Performance
The company has a market cap of C$3.16 million, a price-to-earnings ratio of -1.50 and a beta of 2.20. The company has a debt-to-equity ratio of 62.52, a current ratio of 0.05 and a quick ratio of 0.84. The stock has a 50-day moving average price of C$0.05 and a 200 day moving average price of C$0.06.
Insider Transactions at Great Atlantic Resources
In other Great Atlantic Resources news, Director Christopher Ross Anderson purchased 618,000 shares of the company’s stock in a transaction dated Thursday, November 28th. The shares were bought at an average price of C$0.06 per share, with a total value of C$37,080.00. 40.45% of the stock is currently owned by insiders.
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.
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