Great Atlantic Resources (CVE:GR) Trading 33.3% Higher – Here’s Why

Great Atlantic Resources Corp. (CVE:GR) shares traded up 33.3% during trading on Tuesday . The stock traded as high as C$0.06 and last traded at C$0.06. 154,000 shares were traded 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 quick ratio of 0.84, a current ratio of 0.05 and a debt-to-equity ratio of 62.52. The company has a 50-day moving average of C$0.06 and a 200 day moving average of C$0.06. The stock has a market capitalization of C$3.16 million, a PE ratio of -1.50 and a beta of 2.20.

Insider Buying and Selling at Great Atlantic Resources

In other Great Atlantic Resources news, Director Christopher Ross Anderson purchased 618,000 shares of the stock in a transaction dated Thursday, November 28th. The stock was acquired 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 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.