Great Bear Resources (CVE:GBR) Trading Down 2.3% – Here’s What Happened

Shares of Great Bear Resources Ltd. (CVE:GBRGet Free Report) were down 2.3% during mid-day trading on Tuesday . The company traded as low as C$28.15 and last traded at C$28.15. Approximately 1,886,525 shares were traded during mid-day 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 company’s 50 day simple moving average is C$28.15 and its 200 day simple moving average is C$28.15. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.82 and a current ratio of 3.85. The stock has a market cap of C$1.63 billion and a PE ratio of -153.83.

Great Bear Resources Company Profile

(Get Free Report)

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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