Great Bear Resources (CVE:GBR) Stock Price Down 2.3% – Time to Sell?

Great Bear Resources Ltd. (CVE:GBRGet Free Report) was down 2.3% during trading on Thursday . The company traded as low as C$28.15 and last traded at C$28.15. Approximately 1,886,525 shares changed hands 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 business’s fifty 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 firm has a market capitalization of C$1.63 billion and a PE ratio of -153.83.

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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