Shares of Granada Gold Mine Inc. (CVE:GGM – Get Free Report) shot up 40% during mid-day trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. 241,828 shares changed hands during trading, an increase of 190% from the average session volume of 83,493 shares. The stock had previously closed at C$0.03.
Granada Gold Mine Price Performance
The company’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The stock has a market capitalization of C$5.56 million, a price-to-earnings ratio of -3.50 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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