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

Great Bear Resources Ltd. (CVE:GBRGet Free Report)’s stock price dropped 2.3% during trading on Wednesday . The company traded as low as C$28.15 and last traded at C$28.15. Approximately 1,886,525 shares changed hands 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 debt-to-equity ratio of 0.45, a current ratio of 3.85 and a quick ratio of 3.82. The business’s 50-day moving average is C$28.15 and its 200 day moving average is C$28.15. The firm has a market capitalization of C$1.63 billion and a P/E ratio of -153.83.

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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