Granada Gold Mine (CVE:GGM) Trading 50% Higher – Should You Buy?

Granada Gold Mine Inc. (CVE:GGMGet Free Report)’s stock price was up 50% during trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 160,342 shares were traded during mid-day trading, an increase of 86% from the average daily volume of 86,252 shares. The stock had previously closed at C$0.02.

Granada Gold Mine Price Performance

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

Granada Gold Mine Company Profile

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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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