Granada Gold Mine (CVE:GGM) Trading 25% Higher – Still a Buy?

Granada Gold Mine Inc. (CVE:GGMGet Free Report)’s share price traded up 25% during mid-day trading on Saturday . The stock traded as high as C$0.05 and last traded at C$0.05. 419,625 shares traded hands during trading, an increase of 102% from the average session volume of 207,706 shares. The stock had previously closed at C$0.04.

Granada Gold Mine Stock Up 25.0%

The stock has a fifty day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The company has a market capitalization of C$8.26 million, a P/E ratio of -3.85 and a beta of 3.02.

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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