Granada Gold Mine (CVE:GGM) Shares Up 25% – Here’s Why

Shares of Granada Gold Mine Inc. (CVE:GGMGet Free Report) rose 25% on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 436,000 shares traded hands during trading, an increase of 436% from the average daily volume of 81,286 shares. The stock had previously closed at C$0.02.

Granada Gold Mine Price Performance

The company’s 50-day moving average is C$0.03 and its 200-day moving average is C$0.03. The firm has a market capitalization of C$3.97 million, a price-to-earnings ratio of -2.50 and a beta of 2.55.

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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