Granada Gold Mine (CVE:GGM) Trading 40% Higher – Time to Buy?

by · The Markets Daily

Shares of Granada Gold Mine Inc. (CVE:GGM – Get Free Report) traded up 40% during mid-day trading on Monday . The stock traded as high as C$0.12 and last traded at C$0.11. 2,967,795 shares were traded during mid-day trading, an increase of 677% from the average session volume of 382,075 shares. The stock had previously closed at C$0.08.

Granada Gold Mine Trading Up 40.0%

The firm has a market cap of C$17.34 million, a PE ratio of -10.50 and a beta of 3.62. The firm 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

(Get Free Report)

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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