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

Granada Gold Mine Inc. (CVE:GGMGet Free Report)’s share price shot up 33.3% on Friday . The company traded as high as C$0.06 and last traded at C$0.06. 749,853 shares were traded during mid-day trading, an increase of 252% from the average session volume of 212,905 shares. The stock had previously closed at C$0.05.

Granada Gold Mine Stock Performance

The company has a market capitalization of C$9.91 million, a price-to-earnings ratio of -4.62 and a beta of 3.49. The company has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.03.

Granada Gold Mine Company Profile

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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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