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

Great Atlantic Resources Corp. (CVE:GR)’s stock price traded up 33.3% during mid-day trading on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. 154,000 shares changed hands during mid-day 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 price-to-earnings ratio of -1.50 and a beta of 2.20. The stock has a fifty day simple moving average of C$0.05 and a 200-day simple moving average of C$0.06. The company has a debt-to-equity ratio of 62.52, a current ratio of 0.05 and a quick ratio of 0.84.

Insider Buying and Selling at Great Atlantic Resources

In other Great Atlantic Resources news, Director Christopher Ross Anderson acquired 618,000 shares of the business’s 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 currently owned by corporate insiders.

About Great Atlantic Resources

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.