Shares of Granada Gold Mine Inc. (CVE:GGM – Get Free Report) rose 11.1% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 268,742 shares changed hands during mid-day trading, an increase of 19% from the average daily volume of 226,635 shares. The stock had previously closed at C$0.05.
Granada Gold Mine Price Performance
The stock’s fifty day moving average price is C$0.05 and its 200-day moving average price is C$0.03. The firm has a market cap of C$9.08 million, a PE ratio of -4.23 and a beta of 3.70.
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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