Granada Gold Mine (CVE:GGM) Shares Up 33.3% – Should You Buy?

Granada Gold Mine Inc. (CVE:GGMGet Free Report)’s share price rose 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 1,375,048 shares changed hands during trading, an increase of 1,246% from the average daily volume of 102,157 shares. The stock had previously closed at C$0.03.

Granada Gold Mine Stock Performance

The company has a market capitalization of C$4.95 million, a PE ratio of -2.31 and a beta of 3.01. The company’s 50-day simple moving average is C$0.03 and its 200-day simple moving average 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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