Great Bear Resources (CVE:GBR) Trading Down 2.3% – Should You Sell?

Great Bear Resources Ltd. (CVE:GBRGet Free Report)’s share price traded down 2.3% during trading on Thursday . The stock traded as low as C$28.15 and last traded at C$28.15. 1,886,525 shares changed hands during trading, an increase of 525% from the average session volume of 301,841 shares. The stock had previously closed at C$28.80.

Great Bear Resources Trading Down 2.3 %

The company has a 50 day moving average of C$28.15 and a 200 day moving average of C$28.15. The firm has a market cap of C$1.63 billion and a price-to-earnings ratio of -153.83. The company has a current ratio of 3.85, a quick ratio of 3.82 and a debt-to-equity ratio of 0.45.

About Great Bear Resources

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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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