Great Atlantic Resources Stock Today

GR Stock  CAD 0.04  0.01  10.00%   

Performance

2 of 100

 
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High
Weak

Odds Of Distress

Over 88

 
100  
 
Zero
Very High
Great Atlantic is selling for under 0.045 as of the 28th of March 2024; that is -10 percent down since the beginning of the trading day. The stock's lowest day price was 0.045. Great Atlantic has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Great Atlantic Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Great Atlantic Resources Corp., an exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Atlantic Canada region. Great Atlantic Resources Corp. was incorporated in 1997 and is headquartered in Vancouver, Canada. The company has 50.13 M outstanding shares of which 768 shares are currently shorted by private and institutional investors with about 0.14 trading days to cover. More on Great Atlantic Resources

Moving together with Great Stock

  0.66MDI Major Drilling GroupPairCorr

Moving against Great Stock

  0.57ME Moneta Gold Earnings Call This WeekPairCorr

Great Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Great Atlantic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Great Atlantic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOChristopher Anderson
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Great Atlantic's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Great Atlantic's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Great Atlantic's financial leverage. It provides some insight into what part of Great Atlantic's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Great Atlantic's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Great Atlantic deploys its capital and how much of that capital is borrowed.
Liquidity
Great Atlantic cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 262.84 K in liabilities with Debt to Equity (D/E) ratio of 0.31, which is about average as compared to similar companies. Great Atlantic Resources has a current ratio of 0.38, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Great Atlantic until it has trouble settling it off, either with new capital or with free cash flow. So, Great Atlantic's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Great Atlantic Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Great to invest in growth at high rates of return. When we think about Great Atlantic's use of debt, we should always consider it together with cash and equity.

Change To Operating Activities

(107,747)
Great Atlantic Resources (GR) is traded on TSX Venture Exchange in Canada and employs 9 people. Great Atlantic is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.26 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Great Atlantic's market, we take the total number of its shares issued and multiply it by Great Atlantic's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Great Atlantic Resources conducts business under Metals & Mining sector and is part of Materials industry. The entity has 50.13 M outstanding shares of which 768 shares are currently shorted by private and institutional investors with about 0.14 trading days to cover. Great Atlantic Resources currently holds about 127.53 K in cash with (2.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Great Atlantic Probability Of Bankruptcy
Ownership Allocation
Great Atlantic secures a total of 50.13 Million outstanding shares. Roughly 98.0 (percent) of Great Atlantic outstanding shares are held by general public with 1.6 pct. by outside corporations. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Great Ownership Details

Great Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Great Atlantic jumping above the current price in 90 days from now is about 43.88%. The Great Atlantic Resources probability density function shows the probability of Great Atlantic stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Great Atlantic Resources has a beta of -0.0798. This usually indicates as returns on benchmark increase, returns on holding Great Atlantic are expected to decrease at a much lower rate. During the bear market, however, Great Atlantic Resources is likely to outperform the market. Additionally, great Atlantic Resources has an alpha of 0.6312, implying that it can generate a 0.63 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.045HorizonTargetOdds Above 0.045
56.01%90 days
 0.04 
43.88%
Based on a normal probability distribution, the odds of Great Atlantic to move above the current price in 90 days from now is about 43.88 (This Great Atlantic Resources probability density function shows the probability of Great Stock to fall within a particular range of prices over 90 days) .

Great Atlantic Resources Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Great Atlantic market risk premium is the additional return an investor will receive from holding Great Atlantic long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Great Atlantic. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Great Atlantic's alpha and beta are two of the key measurements used to evaluate Great Atlantic's performance over the market, the standard measures of volatility play an important role as well.

Great Stock Against Markets

Picking the right benchmark for Great Atlantic stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Great Atlantic stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Great Atlantic is critical whether you are bullish or bearish towards Great Atlantic Resources at a given time. Please also check how Great Atlantic's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Great Atlantic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Great Stock?

Before investing in Great Atlantic, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Great Atlantic. To buy Great Atlantic stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Great Atlantic. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Great Atlantic stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Great Atlantic Resources stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Great Atlantic Resources stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Great Atlantic Resources, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Great Atlantic Resources?

The danger of trading Great Atlantic Resources is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Great Atlantic is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Great Atlantic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Great Atlantic Resources is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Atlantic Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Great Stock analysis

When running Great Atlantic's price analysis, check to measure Great Atlantic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Great Atlantic is operating at the current time. Most of Great Atlantic's value examination focuses on studying past and present price action to predict the probability of Great Atlantic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Atlantic's price. Additionally, you may evaluate how the addition of Great Atlantic to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Great Atlantic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Atlantic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Atlantic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.