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 on Wednesday, March 12th. The shares were purchased at an average cost of C$0.05 per share, with a total value of C$20,000.00.

Great Atlantic Resources Price Performance

Shares of CVE GR opened at C$0.05 on Thursday. The company’s 50 day moving average price is C$0.05 and its 200-day moving average price is C$0.06. The company has a debt-to-equity ratio of -21.63, a quick ratio of 0.84 and a current ratio of 0.05. Great Atlantic Resources Corp. has a 52-week low of C$0.04 and a 52-week high of C$0.09. The company has a market capitalization of C$2.85 million, a P/E ratio of -1.29 and a beta of 2.20.

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.