Granada Gold Mine Inc. (CVE:GGM – Get Free Report)’s share price rose 25% during mid-day trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 561,761 shares changed hands during trading, an increase of 166% from the average daily volume of 210,848 shares. The stock had previously closed at C$0.04.
Granada Gold Mine Stock Performance
The company’s 50 day moving average price is C$0.05 and its 200 day moving average price is C$0.04. The company has a market cap of C$8.26 million, a price-to-earnings ratio of -5.00 and a beta of 3.78.
About Granada Gold Mine
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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