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

Shares of Great Bear Resources Ltd. (CVE:GBRGet Free Report) dropped 2.3% during mid-day trading on Wednesday . The stock 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 Trading Down 2.3 %

The company has a market cap of C$1.63 billion and a P/E ratio of -153.83. The company has a quick ratio of 3.82, a current ratio of 3.85 and a debt-to-equity ratio of 0.45. The business has a fifty day moving average price of C$28.15 and a 200-day moving average price of C$28.15.

Great Bear Resources Company Profile

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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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