Granada Gold Mine Inc. (CVE:GGM – Get Free Report) shot up 25% on Friday . The company traded as high as C$0.05 and last traded at C$0.05. 416,575 shares traded hands during mid-day trading, an increase of 31% from the average session volume of 317,981 shares. The stock had previously closed at C$0.04.
Granada Gold Mine Stock Performance
The firm has a market capitalization of C$11.36 million, a P/E ratio of -4.17 and a beta of 2.77. The stock has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.05.
Granada Gold Mine Company Profile
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. The company was formerly known as Gold Bullion Development Corp. and changed its name to Granada Gold Mine Inc in January 2017. The company was incorporated in 1985 and is headquartered in Coquitlam, Canada.
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