Granada Gold Mine (CVE:GGM) Stock Price Up 25% – Here’s What Happened

by · The Cerbat Gem

Granada Gold Mine Inc. (CVE:GGM – Get Free Report) traded up 25% on Wednesday . 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 Price Performance

The stock has a market capitalization of C$8.26 million, a P/E ratio of -5.00 and a beta of 3.78. The firm has a 50 day moving average of C$0.05 and a 200-day moving average of C$0.04.

Granada Gold Mine Company Profile

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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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