Shares of Granada Gold Mine Inc. (CVE:GGM – Get Free Report) shot up 22.2% during trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. 290,367 shares were traded during mid-day trading, an increase of 28% from the average session volume of 227,303 shares. The stock had previously closed at C$0.05.
Granada Gold Mine Stock Performance
The firm has a market capitalization of C$9.08 million, a PE ratio of -5.50 and a beta of 3.70. The stock’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.03.
About Granada Gold Mine
Granada Gold Mine Inc, a junior mining and exploration company, acquires, explores for, and develops mineral properties in Canada. It explores for gold deposits. The company holds a 100% interest in the Granada gold property, which owns 14.73 square kilometers of land in a combination of mining leases and claims located in Rouyn-Noranda, Quebec.
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