Great Bear Resources Ltd. (CVE:GBR – Get Free Report) shares dropped 2.3% on Thursday . The stock traded as low as C$28.15 and last traded at C$28.15. Approximately 1,886,525 shares changed hands during trading, an increase of 525% from the average daily volume of 301,841 shares. The stock had previously closed at C$28.80.
Great Bear Resources Stock Performance
The stock has a market cap of C$1.63 billion and a P/E ratio of -153.83. The firm’s 50-day moving average is C$28.15 and its two-hundred day moving average is C$28.15. The company has a quick ratio of 3.82, a current ratio of 3.85 and a debt-to-equity ratio of 0.45.
About Great Bear Resources
Great Bear Resources Ltd. operates as a mineral exploration company in Canada. The company primarily explores for gold. Its flagship property is the Dixie project covering an area of 9,140 hectares located in the Red Lake district of Ontario. The company was formerly known as Great Bear Uranium Corp.
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