Great Bear Resources (CVE:GBR) Stock Price Down 2.3% – Here’s Why

Great Bear Resources Ltd. (CVE:GBRGet Free Report) dropped 2.3% during trading on Friday . The company traded as low as C$28.15 and last traded at C$28.15. Approximately 1,886,525 shares were traded 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 Price Performance

The stock has a market capitalization of C$1.63 billion and a PE ratio of -153.83. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.85 and a quick ratio of 3.82. The firm’s 50 day simple moving average is C$28.15 and its 200 day simple moving average is C$28.15.

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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