Granada Gold Mine (CVE:GGM) Trading 25% Higher – Here’s Why
by Renee Jackson · The Cerbat GemGranada Gold Mine Inc. (CVE:GGM – Get Free Report) shares traded up 25% on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. 561,761 shares were traded during mid-day trading, an increase of 166% from the average session volume of 210,848 shares. The stock had previously closed at C$0.04.
Granada Gold Mine Stock Performance
The stock has a market cap of C$8.26 million, a PE ratio of -5.00 and a beta of 3.78. The stock has a fifty day moving average price of C$0.05 and a 200 day moving average price of C$0.04.
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.