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

Posted by Doug Wharley on Feb 12th, 2025

Shares of Great Atlantic Resources Corp. (CVE:GR – Get Free Report) rose 33.3% on Monday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 154,000 shares were traded 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’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.06. The company has a quick ratio of 0.84, a current ratio of 0.05 and a debt-to-equity ratio of 62.52. The stock has a market cap of C$3.16 million, a price-to-earnings ratio of -1.50 and a beta of 2.20.

Insiders Place Their Bets

In related news, Director Christopher Ross Anderson acquired 618,000 shares of Great Atlantic Resources stock in a transaction on Thursday, November 28th. The stock was purchased at an average cost of C$0.06 per share, with a total value of C$37,080.00. Corporate insiders own 40.45% of the company’s stock.

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.