Shares of Granada Gold Mine Inc. (CVE:GGM – Get Free Report) shot up 20% on Monday. The company traded as high as C$0.03 and last traded at C$0.03. Approximately 267,091 shares changed hands during trading, a decline of 15% from the average session volume of 315,287 shares. The stock had previously closed at C$0.03.
Granada Gold Mine Stock Performance
The company has a market cap of C$6.82 million, a P/E ratio of -2.50 and a beta of 1.66. The business’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.05.
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.
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