Great Atlantic Resources (CVE:GR) Stock Price Up 33.3% – What’s Next?

Shares of Great Atlantic Resources Corp. (CVE:GR) traded up 33.3% on Tuesday . The stock traded as high as C$0.06 and last traded at C$0.06. 154,000 shares changed hands during trading, an increase of 283% from the average session volume of 40,187 shares. The stock had previously closed at C$0.05.

Great Atlantic Resources Price Performance

The company has a market capitalization of C$3.16 million, a PE ratio of -1.50 and a beta of 2.20. The firm has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.06. The company has a current ratio of 0.05, a quick ratio of 0.84 and a debt-to-equity ratio of 62.52.

Insider Activity at Great Atlantic Resources

In related news, Director Christopher Ross Anderson bought 618,000 shares of the company’s stock in a transaction that occurred on Thursday, November 28th. The stock was bought at an average cost of C$0.06 per share, for a total transaction of C$37,080.00. 40.45% of the stock is currently owned by company 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.