Granada Gold Mine (CVE:GGM) Trading Down 18.2% – Should You Sell?

by · The Cerbat Gem

Granada Gold Mine Inc. (CVE:GGM – Get Free Report)’s stock price was down 18.2% during mid-day trading on Saturday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 128,430 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 226,762 shares. The stock had previously closed at C$0.06.

Granada Gold Mine Trading Down 18.2%

The firm has a market cap of C$7.43 million, a P/E ratio of -4.50 and a beta of 3.70. The company’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.03.

About Granada Gold Mine

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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.

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