Granada Gold Mine (CVE:GGM) Trading Up 50% – Still a Buy?

Granada Gold Mine Inc. (CVE:GGMGet Free Report)’s stock price rose 50% during mid-day trading on Monday . The stock 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 Stock Up 50.0 %

The company’s 50-day moving average is C$0.03 and its 200-day moving average is C$0.03. The stock has a market capitalization of C$4.76 million, a price-to-earnings ratio of -3.00 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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