Great Bear Resources (CVE:GBR) Stock Price Down 2.3% – What’s Next?

Great Bear Resources Ltd. (CVE:GBRGet Free Report)’s stock price traded down 2.3% on Wednesday . The company traded as low as C$28.15 and last traded at C$28.15. 1,886,525 shares traded hands during mid-day trading, an increase of 525% from the average session volume of 301,841 shares. The stock had previously closed at C$28.80.

Great Bear Resources Trading Down 2.3 %

The company has a market capitalization of C$1.63 billion and a price-to-earnings ratio of -153.83. The business’s 50 day moving average price is C$28.15 and its two-hundred day moving average price is C$28.15. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.82 and a current ratio of 3.85.

About Great Bear Resources

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Great Bear Resources Ltd. operates as a mineral exploration company in Canada. The company primarily explores for gold. Its flagship property is the Dixie project covering an area of 9,140 hectares located in the Red Lake district of Ontario. The company was formerly known as Great Bear Uranium Corp.

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