Granada Gold Mine (CVE:GGM) Shares Up 50% – Time to Buy?

Granada Gold Mine Inc. (CVE:GGMGet Free Report) shares rose 50% during trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 159,842 shares changed hands during trading, an increase of 86% from the average daily volume of 85,707 shares. The stock had previously closed at C$0.02.

Granada Gold Mine Stock Up 50.0 %

The company has a market cap of C$4.76 million, a price-to-earnings ratio of -3.00 and a beta of 2.55. The company has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03.

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.

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