Granada Gold Mine (CVE:GGM) Shares Up 22.2% – Should You Buy?

Shares of Granada Gold Mine Inc. (CVE:GGMGet Free Report) shot up 22.2% on Friday . The stock 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 company has a market capitalization of C$9.08 million, a PE ratio of -5.50 and a beta of 3.70. The stock’s fifty day simple moving average is C$0.05 and its 200-day simple moving average is C$0.03.

Granada Gold Mine Company Profile

(Get Free Report)

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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