Granada Gold Mine (CVE:GGM) Trading Up 15.4% – Here’s What Happened
by Jessica Moore · The Cerbat GemGranada Gold Mine Inc. (CVE:GGM – Get Free Report) shot up 15.4% during trading on Friday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 490,321 shares were traded during trading, an increase of 169% from the average daily volume of 182,261 shares. The stock had previously closed at C$0.07.
Granada Gold Mine Price Performance
The stock has a market capitalization of C$13.21 million, a PE ratio of -8.00 and a beta of 3.62. The stock’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.04.
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.