Granada Gold Mine (CVE:GGM) Trading 25% Higher – Time to Buy?
by Jessica Moore · The Cerbat GemGranada Gold Mine Inc. (CVE:GGM – Get Free Report)’s stock price traded up 25% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. 561,761 shares were traded during 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 Up 25.0%
The company has a 50-day moving average price of C$0.05 and a 200-day moving average price of C$0.04. The firm has a market capitalization of C$8.26 million, a price-to-earnings ratio of -5.00 and a beta of 3.78.
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.