Granada Gold Mine Inc. (CVE:GGM – Get Free Report)’s stock price shot up 40% during mid-day trading on Monday . The company traded as high as C$0.12 and last traded at C$0.11. 3,069,375 shares traded hands during trading, an increase of 684% from the average session volume of 391,455 shares. The stock had previously closed at C$0.08.
Granada Gold Mine Trading Up 40.0%
The business has a fifty day moving average of C$0.05 and a 200-day moving average of C$0.04. The firm has a market cap of C$17.34 million, a PE ratio of -10.50 and a beta of 3.62.
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. 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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