Granada Gold Mine (CVE:GGM) Stock Price Up 25% – Still a Buy?

Granada Gold Mine Inc. (CVE:GGMGet Free Report) shares were up 25% during mid-day trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 108,083 shares traded hands during mid-day trading, an increase of 42% from the average daily volume of 76,315 shares. The stock had previously closed at C$0.02.

Granada Gold Mine Stock Performance

The firm has a market cap of C$3.97 million, a price-to-earnings ratio of -2.50 and a beta of 2.55. The business has a fifty day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03.

Granada Gold Mine Company Profile

(Get Free Report)

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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