Granada Gold Mine (CVE:GGM) Trading 23.1% Higher – Should You Buy?

Granada Gold Mine Inc. (CVE:GGMGet Free Report)’s share price traded up 23.1% during trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.08. 541,321 shares traded hands during mid-day trading, an increase of 156% from the average session volume of 211,794 shares. The stock had previously closed at C$0.07.

Granada Gold Mine Stock Up 15.4%

The company has a market cap of C$12.38 million, a PE ratio of -7.50 and a beta of 3.62. The firm’s fifty day simple moving average is C$0.05 and its 200-day simple moving average is C$0.04.

About Granada Gold Mine

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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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