Shares of Granada Gold Mine Inc. (CVE:GGM – Get Free Report) rose 14.3% during trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. 737,200 shares were traded during trading, an increase of 89% from the average daily volume of 389,992 shares. The stock had previously closed at C$0.04.
Granada Gold Mine Price Performance
The firm has a 50-day moving average price of C$0.05 and a 200 day moving average price of C$0.05. The company has a market cap of C$7.95 million, a price-to-earnings ratio of -2.92 and a beta of 2.39.
About Granada Gold Mine
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.
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