Great Atlantic Resources Corp. (CVE:GR) Director Acquires C$20,000.00 in Stock

Great Atlantic Resources Corp. (CVE:GR) Director Christopher Ross Anderson bought 400,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The shares were acquired at an average cost of C$0.05 per share, for a total transaction of C$20,000.00.

Great Atlantic Resources Price Performance

GR stock remained flat at C$0.05 during midday trading on Wednesday. 409,000 shares of the company’s stock were exchanged, compared to its average volume of 47,296. Great Atlantic Resources Corp. has a 1 year low of C$0.04 and a 1 year high of C$0.09. The firm has a market capitalization of C$2.85 million, a price-to-earnings ratio of -1.29 and a beta of 2.20. The stock’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.06. The company has a debt-to-equity ratio of -21.63, a current ratio of 0.05 and a quick ratio of 0.84.

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.