Granada Gold Mine Inc. (CVE:GGM – Get Free Report) shares rose 25% on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 579,000 shares were traded during mid-day trading, an increase of 586% from the average daily volume of 84,395 shares. The stock had previously closed at C$0.02.
Granada Gold Mine Price Performance
The firm’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The company has a market cap of C$3.97 million, a price-to-earnings ratio of -2.50 and a beta of 2.55.
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.
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